So have been following the AMG story for a little while now with interest. Seems to be a fair bit of selling, i can only assume it might be long term shareholders left over from the old companies taking the opportunity to bail with the increase in volume from what it was before the takeover. Alas the positive news continues to flow with the possibility of a 2km strike length of high grade gold and copper on their EPM. Drilling at two known gold mines with great results, and about to go into production at Mt Freda with a Vat leach operation and trading around 7c
To me AMG seems to be pushing all the right buttons. What was interesting & I didn't know was when I took another look at QMN who used to own the Mt Freda gold mine that AMG bought, the JORC resource has 1 million pounds of Cobalt in it. When they drilled it and put out their resource cobalt was only $22,000 a tonne and now $90,000 a tonne. Seems weird know one has picked up on that at this juncture.
Also had 90,000 ounces of Gold and now I see they have 200,000 tonnes of ore on the surface in stockpiles at 5.10g/t gold. That's $54m of gold peeps..
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