Who knows what the gold price will be in the future as well as the effect of the money printing presses, the reverse is happening as what you would think should happen.
I would prefer a gold bar any day over a pine tree made into pulp, then paper and then coloured inks printed on it!.
But with grades less than 2 g/t starting at depths greater than 100 metres mining by open cut and/or UG mining will be uneconomic for many decades, certainly will be out of Ampella's FS.
As Ampella's exploration model is to focus on shallow oxide gold ounces, Napelapera doesn't cut it...don't waste anymore money on it, no point adding it to the resource inventory if it doesn't add value to the Project.
AMX Price at posting:
16.0¢ Sentiment: None Disclosure: Held
