The strike is actually 13.5km long. They have only drilled out to 2km (still a long long way out).
The geological structure runs 150km and is covered by company leases all of the way.
Serious gold investors are moving into the stock and Hovering it all up.
Scout drill resuts next (dont get carried away if there is nothing major in them, they are just scout holes....but if they hit something good then away we will go).
Its the 3rd release coming in June that we are focused on. We will get more concentrated drilling in the so-far main zone but lets face it we are still searching for the sweet spot. We have very wide mineralisation which smell like a big tonnage big kahoona mine down the track but you want to find the heart of hit if one exists.
If the third release has some special numbers then this will blast into space. However because the project is very large it wont mean too much if that doesn't happen just yet it just means the stock will temporarily lose its momentum which is building very nicely.
Gold should shortly attack the $US1,000 zone (say 3 weeks) and that should fuel things very nicely.
AMX Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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