RE: RE: news
AHC has some great prospective properties, but maybe the company is trying to take on too much, rather than concentrating on one property at a time with the limited resources they have.
I wouldn’t doubt they have probably burnt through half the last financing by now. A half a million dollars left over certainly won’t get us too far on any exploration program combined with the other expenses the company has. My guess is they will need another (and much larger) financing within the next month or two if they want to put together any exploration program of any significance.
As gold seems to be the flavor of the day, maybe it would wise for AHC to concentrate on this property, and then maybe consider optioning out either Perquitas or the Rare Earth Property to garner more interest and attention to this company.
Still have confidence in this company, but slowly loosing patience. In my opinion, we need a very clear update from Management soon to keep shareholder interest in this stock.
Best
Nickel