Interesting that a few more offshore brokers/funds have picked up on the amx story , including Rick Rule / Sprott (according to a mate of mine in north america)
And their top notch staff geologists like what they see and they have been on the ground checking it out:
"they think 7-8 mil++ oz at least for the entire zone. They explained the geology - ie. the trend runs from konks to the other areas. It's just not one big area in konks-its like a line. However, they said there could be more ,as there are a lot of early stage stuff that needs to be tested"
very exciting that people are throwing such numbers around the industry (7mil/oz +)
Seems that putting the company into play has had the side effect of putting them on a few more radars. Once these funds and analysts have finished crunching the numbers , we may see more buy recommendation coming in , and a bit of much needed buying pressure to crush the shorters.
Whoever the private seller has been , they will be reaching for the buy button and the panodol before too long imo...
They got played like a fiddle.....
AMX Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
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