Harry Kane , the bar is set so high for fund Managers that it is difficult for them to participate in juniors. The ASX is shrinking in the resource sector and the gobbling up by majors will result in just a handful of big mining companies like South Africa. There are more non African Mining Clmpanies in Africa that African companies. Today the Funds want a 3year track record of production and dividends and long term reserves. There is no entrepreneurial funds left. What happen to the “ have a go” mentality. Its all sterile from the day they went off the “chalk and board” to sterile computers. The punter gets in and out for a penny because they know there is no brokers that will punt because the brokers don’t have an analyst to advise them. Brokers are not mining guys or geologists they are Jewish piano players. All I’m saying is when a major geological event is discovered it’s a shame none of the brokers are advised might be a good punt for their clients. And again its throughout the whole broking and resource industry. Maybe someone should start “ a punter geological advisory group” there are a few guys on here that actually give sound advice on the geology. We should group and add to the actuality of the announcements. Make sense or am I waffling?
AMG Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held