American Consolidated Minerals Corp AMERF

I`M IN

[ss1867]

Picked up a small block of 50 thousand shares @ .155, did a little bit of DD. before entering, looks like an easy double from here before the next round of consolidation. Trend channel looks good as we are currently at the bottom which represent a great buying opportunity, connect the dots across the lows----project that line out 12 months or so----looks to me like this is a good place to be. If we stay in this buying range thru next week I will likely add to my position---but I`m thinking with drill results pending we should see a nice gap up relatively soon in anticipation of decent assays. Then it`s anyones guess as to whether we sell off on the news or run higher. Some people say gold is ready to correct, Some people say gold is going higher from here....my guess is it takes a little breather before the next leg up to $1350 or so. AJC seems well positioned to make some significant gains in the share price here and I`m comfortable with my entry point.....A big chunk of this company was bought higher, pretty hard to go wrong at these levels.  GLTA.....SS