AMG 0.00% 5.1¢ ashby mining limited

Ann: Additional High-Grade Gold Drilling Results at Comstock Gold, page-20

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  1. 487 Posts.
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    I dont think they are lying when they say they are going to get up to 6 rc and 1 diamond drill. This is a big costly (and of course risky) bet and they only decided to go down this path after receiving highly encouraging results recently from Trump and Golden Mile. And yes, i know for a fact they do have the geologists and capacity to run this on the ground.

    On the cost front, i dont think they can afford this with their current cash balance so expect a CR or a strategic partner buy-in very soon.
 
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