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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
Post by herbaciouson Nov 23, 2011 7:42am
323 Views
Post# 19260478

re re the interview

re re the interviewDavid painted the picture quite well during the interview, and i believe that he will eventually prove up an economic resource!

as far as the share price, i too think its way too low, and i also think that we have had a constant sellar out there ,that either is selling because he needs the cash, or he is using NQ as a tax loss!

I also think that that the shares that have been sold recently are now in good hands,

the ones with the money at this time of year always benifit from the tax selling season which ends dec 23rd.

I believe that with the next drill results we may attract new money, especially going into the new year.

i have looked at a lot of companies in nthe last month and most are suffering tax loss season, the companies that are proving up good numbers in my opinion will recover and move forward in the new year.

do your own due diligence

herb
Bullboard Posts