This little gem Ausmex looks as though it could be a really good play on the ASX. Mcrae combined with some of the senior guys from Rio Tinto and BHP working together should be an interesting ride for everyone.
I noticed that the Gilded rose and the Mt Freda gold mines are in the package. I know the Gilded rose is a rich mine and have done some research on it myself. Basically its been in a time warp since the early 1900's. I think it's either the highest grade or the second highest grade of gold mined in Queensland ever.
Don't know about the other one Mt Freda but seems like they have a real nice slice of mineralized paradise in Cloncurry. Plenty upside..
AMG Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held