gooch i agree that they have the 400k oxide. I keep coming back to why i think this is a no brainer stock to accumulate at these levels and look for a rational reason why it's not. The fact is if we say we have 5M oz in the next 1 year we are so undervalued that you have to wonder what is wrong with the markets.
All these big funds that were in and sold at the bottom? wtf? something will eventually have to give. i remember when we were in the $1 range and were talking about how undervalued things were. well the bear market is still here .
I assume amx will provide updates soon on the resource and where they stand with the oxide. if capex is @150-200m that should open some eyes, but the met issue is probably still in the back of peoples mind. so who knows where things will go. I look at PIR and man 5M and look at where they are trading. undervalued? i'd say so. but that's life
AMX Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
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