AMG 0.00% 5.1¢ ashby mining limited

amg acquires advanced gold deposit from emperor

  1. 40 Posts.
    Looks like a good deal both ways. Emperor remains exposed to development of 450,000 oz deposit (8.5 g/t) by becoming Alcastons (AMG) largest shareholder. AMG becomes a producer from a desposit adjacent to its own larger lease. Looks like a strong change for the 450,000 deposit to increase in size.

    AMG looks like its got a bit of upside once market digests deal.
 
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