Dam, may be the end of picking any more cheapies in the 3 cent range. I will have to be happy with what i have. I have a very good feeling about this one, lets hope its a big run up. I have done 9-10 baggers with these guys twice before over the last 6 years, hopefully the hat trick with AMG. Come in 35 cents. It will only take 1 big project to do it, and sooner or later someone is going to take these guys out for what they have in Cloncurry. I'm surprised it hasn't happen already, thats been my fear at a cheap price. If i understand there is Lorena Gold plant and Saul Pats gold plant looking for ore. Saul Pats bought a stockpile off them. Then there is Cudeco, Glencore and Eloise all looking for copper ore. Its a no brainer a deal will be done in Cloncurry. They obviously can do a deal. Dont know what they will do with the big red blob in Burra, if they hit something big BHP or Oz may want it. I have rubbed the crystal ball and see a big cash splash by Xmas.
AMG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held