AMG Acquisition Corp V.AMG

Primary Symbol: V.AMG.P

AMG Acquisition Corp. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to complete a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues.

TSXV:AMG.P - Post by User

AMG Acquisition Corp

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Comment by dave4275on May 10, 2011 8:55am

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Post# 18552589

RE: RE: RE: Rest Assured

I hope you're right and i completely agree that this is cheap, even at 50-60 cents...but some trades have gone through in the 20-30 cent range on the OTC markets over the last week or two and while these are very illiquid markets, i still think the stock open somewhere in the 30s and then quickly moves into the 40s.

If i'm right, i plan on loading up in the 30s/40s (even low/mid 50s) and i agree, i think news will be out within the next 2-4 weeks to help move things along, assuming gold/copper prices don't tank.

I really don't have a good handle as to how many shareholders will be spooked by the stupid halt - that's my only worry.

and yes, if the halt never occured, i think the stock would be in the 60s.

Either way, i think we see 1.25-1.50 this summer.

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