Tech Step
27-05-2009, 10:58 PM
Is anyone following AMX?
I have a small holding and like the story.
I believe that they have an 80km long zone wich they are exploring with the possibility of multimillion ounce reserves.
Recently the directors underwrote ~2million share placement @ 6c. After this the SP rockted to 17-19c where Insto and Pro investors jumped on at 17c to increase the drilling budget after hitting a shear zone at 200m
Now the SP is at 33c with increasing volume.
The chart looks good IMHO.
I have a small holding and like the story.
I believe that they have an 80km long zone wich they are exploring with the possibility of multimillion ounce reserves.
Recently the directors underwrote ~2million share placement @ 6c. After this the SP rockted to 17-19c where Insto and Pro investors jumped on at 17c to increase the drilling budget after hitting a shear zone at 200m
Now the SP is at 33c with increasing volume.
The chart looks good IMHO.