gold going apesheet, page-25

re: time to switch?hergerr LOL - I thought we were talking about AND here.

There's nothing wrong with AND geologically - it's a very valid exploration play, and it obviously has a gold resource that MAY mature with further work.

The path from a 0.5Moz inferred resource to a 1Moz reserve is neither fast or smooth or without investment risk. The drill bit giveth and the drill bit taketh away.

AND is nowhere near the maturity of BMO or AMG (if AMG can get the fundraising away). AND is an exploration play, NOT a development play.

BMO vs AMG is not easy - BMO has a lot of merits, as tas has pointed out. AMG is higher risk than BMO, but higher leverage as well.

AND,AMG, BMO different levels of maturity, different levels of risk/reward, but also different amounts of hype from some long-standing traders.

They are not really apples vs apples.

R/happy