Hi kingrichard,I don’t buy the nearology argument at all. I...

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