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AM Resources Corp V.AMR.H

AM Resources Corporation is a Canada-based junior mining company. It specializes in exploration of coal, hydrocarbons and gold mining sites located in Colombia. Its Mico gold property consists of one concession covering approximately 10.4 hectares and is accessible from the village of Barranco de Loba. The Mina Luz property is located southwest of the town of Popayan in the department of Cauca, approximately 150 kilometers (km) to the south-southwest of the town of Cali, in the southwestern part of Colombia, the municipality of Patia. The property consists of mining concession No DJU-071 covering 40 hectares. The Esperanza asphaltite property covers approximately 298 hectares. The property lies 70 km north-northwest of the city of Bucaramanga. The Rio Negro asphaltite property is located 50 km north-northwest of the city of Bucaramanga. It also has a land package totaling 1,500 square kilometers located in the Austrian Pegmatite Belt. Its land package includes the Frederick Property.


TSXV:AMR.H - Post by User

Bullboard Posts
Comment by michael211on Oct 03, 2011 12:28pm
188 Views
Post# 19111879

RE: RE: The character of bottom

RE: RE: The character of bottomDo not fall in love with the stock you bought, when you hold zero shares you can think about the stock more reality. Actually the drilling result is not so "good" if comparing with other company with really good result. A good result must has these characters:

1. Resouce is at relative shallow layer ( less than 100m )
2. The length of drilling core should be above 20m
3. The property area should be large, over 10000 hect is called large, nqe's is only 3500 hects.

The company  most news release always mentioned "open pit potential" but most of the results indicated the silver existing in the layer under 400m, how do they open pit ?

Then the drilling result is only called "so so", not "good".

Finally, as somebody always says : do you own dd.
Bullboard Posts