How big could it be!, page-4

Shalom Blake

My Geologist over here convinced myself to invest on a similar story. There are two possible outcomes that made this Aus investment attractive.

1. Ausmex may produce exploration results of reasonable quality-  yet another small producer story is not attractive.

2. More interesting will be the game play if they do find something of value?  There will be obvious suitors for minerals in the ground, yet who and what price will they pay? My fear is the Board may recommend a sell to early, as we are here for the long run. 

The one downside is that i believe there will be another capital raising coming soon to provide additional working capital. If the results after the trading halt are decent, I believe this raise will be the "big one" and will be heavily subscribed. This may be the chance to take a position in the Company. AMG will require this additional working capital quickly to initiate any extensive deep drilling programs. 

I am not sold on the "Burra" story yet and would prefer the focus on " drilling results", yet lets see who gets to make the decisions in the New Year!

As we all know it is about timing and cycles. Majors are on the hunt for Copper and Gold, it is the role of the Junior to find. I like to back that Junior!