I used to think exactly the same thing with AMX Bolish. AMX used to test my patience no end , languishing around at resistance levels for weeks on end.
But what i've come to learn is that when AMX does breakout , it runs hard and it runs fast, and its easy to get left behind.
And it usually runs so hard because the drill results are so damn good . They are in high grade heaven over there , all along the strike , so the results will just keep on coming. And who says that the best isn't yet to be uncovered in Batie west. Any of the 16 targets still to explore could leave Konkerra for dead in size and grade.
Hence, I;ve taken a buy and hold and accumulate approach with amx.
I'll change my sentiment when they start putting out drill results that don't deliver.
Ps. I think that current sp movements are somewhat irrelevant when you consider the eye popping multiples that amx will experience on a take over offer.
AMX Price at posting:
$2.89 Sentiment: Buy Disclosure: Held
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