IMHO this recent rise could have CR written all over it. With gold and all goldies going down heavily in the last few weeks the AMX has done quite opposite so IMO CR is on the card. Time will tell... PFS is still a long way off as they first have to find additional oxide ore. Without good drilling results announced first there won't be resource upgrade needed to proceed with PFS. Few good drilling results could change equation quickly however AMX has not done it for a long time although they spent a lot of money in 2012 without any significant result.I am staying on the sideline at the moment until then I would only trade it if and when opportunity present itself.
AMX Price at posting:
37.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)