amg
Apparantly the IRR is about 30% to AMG on the deposit at a US gold price of $380. Should produce a very tidy cash flow. MD is Dave Porter of Gasgoyne fame (ie him and Phil Crabb discovered and developed the 1.5 million ounce underground Gasgoyne deposit later taken over by Sons of Gwalia and they all made a squillion). Dave Porter went on and discovered and developed a 750,000 ounce deposit in Africa. Is rated very highly in WA circles and is as honest as they come. Good team behind this. Also, every company is has started up (about 5 I believe) has been taken over. Worth following is fellow I reckon
AMG Price at posting:
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