Looking Very Good for AME - IMO .... Ajax / KGHM backed Abacus Mine - had enjoyed a one day spike thus far, and increased volume recorded. Well known big block buyers like Canacord were involved.
With their directly connected and bordering neighbor NGD opening Afton in Sept. officially, any good news coming from it's neighbor AME, will reflect well ( imho ) , as both these winning mines are National Instrument 43-101 Compliant, and proven resources .
And as most investors would know, due to past public Nr's, NGD and Ajax / KGHM backed AME are working in the spirit of mutual co-operation, in that of two key areas : the AME owned double structures on the AME bordering property, were agreed ( in a mutual arrangement ) to go to NGD's / Aftons Mine use, and a pump house was constructed 6 kms in on the AME property holdings for both NGD and Afton to draw water from the Kamloops Lake.
This spirit of mutual co-operation has been alive and well between both these mines. Who know's what tomorrow may bring ?
Good news for one, is certainly good news for both, in either direction - as they are bordering mines .
Ngd / Afton although, is the first to open in Sept. and hiring 150 + initially, so, I believe. if ? Kamloops is to get two mining operations on it's border, this will establish Kamloops as a mining boom town .
Financially, Kamloops and it's mining suppliers like that of MolyCop win, ( as MolyCop just announced it's doubling the size of it's plant, to meet this need ) which will provide more good paying jobs - for Kamloops and I would suspect alot more spin off, will ensue .
Imho, whats good news for AME is going to be good eventually, for the other, NGD / Afton in Kamloops.
So, as this relates, this is Big news for AME and because of the reason, these two mines have already worked together in mutual co-operation for mutual gain, on two occasions .
Best Regards : GoldBuyer