RE: RE: AME has held up...Good advice! AME is the type of stock you just buy on the dips to see what will happen. I know for a fact AME IS working on feasability, and are "active" because they are getting bids on equipment for the mine (one of my clients bid on some stuff).
The MAIN THING that keeps me here IN THIS STOCK is that AJAX MUST have good metalurgy and even though the dirt is pretty low grade, AME AND THEIR BACKERS KNOW they can and will make good $ on it. I mean, the area has been mined and milled before! I know that Highland Copper is now very low grade but the HG mine is making HUGE money and re invesment in Highland keeps on happening!
Copper may bounce around but it is a fact that HUGE amounts will be needed to build out the infrastrudture of the emerging markets. It is also a fact that GOLD has been a currency for 5,000 years and the US , Europe and Japan just keep on printing the fiat money. These long term facts will give AME a wonderfull market for their concentrates.