OTCPK:AUMTF - Post by User
Comment by
bigopson Feb 14, 2022 2:51pm
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Post# 34427245
RE:RE:RE:RE:more insider buying
RE:RE:RE:RE:more insider buyingThe last two updates were very material....US Sand deal and Fort McKay relationship/deal. My best guess is that the players on the ground who are able to observe orders picking up, activity increasing and potential building - are buying stock at these levels. Hey - even at 45 cents the market cap of this company would only be $35million....these guys are going to be able to do way more than that in revenue this year and for many years to come (assuming the relationship up in Fort McKay continues...which I suspect it will). We will go from a cash burning company to one that can make a profit this year -- question is, how big of a profit. This is a super cheap company and people are starting to take note. As I've said before -- the West has woken up, the oil patch is humming with activity...it's not surprising that volumes of material will be needed to support all the increased activity -- all good for AMI and its investors. I too have been increasing my position here.
GLTA