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American Consolidated Minerals Corp AMERF



GREY:AMERF - Post by User

Post by rainhumon Oct 29, 2010 12:58pm
430 Views
Post# 17631203

on the third hole

on the third holeI spoke to Mr. Fabbro this morning and we are drilling the third hole. a fault was encountered at 280 and they have stepped back to get below this. the rock chips are very promising and they feel they have encountered some good intersections. This third hole will probably be the last as weather is deteriorating quickly. Assays for the first release will be out by the end of November.
Al did say that he will be speaking to a large group of 50 or so managers of microcap gold funds that a anxious to find investment opportunities in the jr explorco sector. He is out actively promoting and getting our message out. We are in a definite "SHOW ME" stage of jr gold's and i am hopeful this next assay release will better define our potential. 
We're oversold.
pushed far below where we should be.
this is just a few weeks away from a nr that should help our sp recover.
Our CEO is more bullish on ajc than he has ever been. 
seems the market is sitting tight for the time being waiting for results.
jmo........rain
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