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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Bullboard Posts
Comment by December3on Jun 15, 2012 12:53am
299 Views
Post# 20016712

RE: RE: RE: RE: RE: 10 to 30 more millions

RE: RE: RE: RE: RE: 10 to 30 more millions

>>>>Analysts don't work to enrich retail investors . They have mandates from their employers to feed their institutionnal investors. That's their main purpose.<<<

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Uh, let me understand this?  You are buying AMC based on what an analyst said or didn't say?

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For me the facts are apparent - AMC got a loan for only part of what is needed to develop the Snow Lake Mine.  The rest of the money will come on the backs of shareholders with MORE dilution through private placements.  {remember Forbes & Manhattan gets a "success fee" as a percentage of every financing arranged - meaning ring the cash register on the Bank deal & ring it again on the PP!}

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But Stan Bharti companies have had a terrible track record of bringing projects into production on time and under budget:    The most recent examples are CRK & AVR.  Both good warning to watch for the build up of hope, to be disappointed as they work towards start-up and need additional PPs and more dilution to feed "unanticipated" cash needs.

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I'm just sayin'

 

Bullboard Posts