Multi-million ounce discoveries are not being made near frequent enough, globally, let alone in Australia. Have a look at the work of Richard Schodde (google).
The big companies have been good at adding brownfield ounces around existing infrastructure. Pathetic at greenfields. Ditto for Juniors.
Guess who will not be looking now. But it takes a long time to make a good multi-million ounce gold discovery. Its taking longer with each year that passes
AMX Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
