AAM 1.82% 5.4¢ aumega metals ltd

price and volume query, page-6

  1. LSM
    1,251 Posts.
    Hi kingrichard,

    I don’t buy the nearology argument at all. I believe the recent sp rise can be attributed to discussions with third parties about toll treating AAM ore.

    The real questions that should be asked:
    -Could another local small up and coming gold producer be running the numbers?
    -Do people in the know realise that a T.O could be in the wind?

    Or

    -A toll treatment agreement could come any day, along with a feasibility study?
    -Producing in 08?

    This is pure speculation on my part, but AAM have very cheap ounces that could add significantly to a number of smaller players. Although, the ounces are mostly inferred, so unfortunately are not in great confidence.

    I honestly believe some sort of toll treatment deal is the story here and that a positive feasibility study will be release next week or so. Certain parties know this and are chasing up the sp.

    Also, there will be a spin off of some assets into a new company or a joint venture deal over Narnoo. But I doubt this is the reason for the recent rise.

    I bought a few and am holding to see what happens next

    All the best
    LSM
 
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Last
5.4¢
Change
-0.001(1.82%)
Mkt cap ! $28.39M
Open High Low Value Volume
5.5¢ 5.5¢ 5.2¢ $20.71K 384.7K

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No. Vol. Price($)
1 134103 5.4¢
 

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Price($) Vol. No.
5.5¢ 150003 2
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