amx,gry,met,crb etc etc.. have all been operational basket cases over the past 12months in BFaso , with the assay backlogs basically going at snails pace.
Not only does the lack of assay reporting hinder the news flow and ultimately the share price. But it also makes its more difficult to target the drilling , as they are having to wait 4months to see if they are drilling in the right direction/area !!
They can't just stop drilling and wait for results to see if they're on or off the trend still , so they have to keep looking based only visual/soil/mag techniques, which is not real easy given the nature of rock/ore hosted mineralisation.
Once the lab is up and running , things will turn a sharp corner operationally. Higher news flow + more accurate drilling
AMX Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held
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