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clock Created with Sketch. 25/09/17
11:57
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Originally posted by Bloomburger
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Over the weekend i had another read of Ausmex's announcements over the past 4 months. The company really has some extraordinary assets. It has 200,000 tonnes of gold at 5g/t gold sitting above the surface. That alone is more than double the total market capitilisation of Ausmex at its current price. On top of that it has two of Clonurry's highest grade gold mines it owns. As well it has announced high grade gold cobalt and copper on its EPM's that is waiting to drill but waiting for cultural heritage clearance. in the mid late 80's a company called DMR listed ASX co assets were just these two gold mines and the stock was $1.60 in 1987. Now owned by AMG trading at 6c. You do the math..
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