Interesting Article etc. Did anyone have any problems opening the photos of the extended land holdings optioned from Fair Haven Resources? My computer won't open them and Newswire says they are not available yet.
Fundamental Research has published a "NOTE" about ANX to its own clients but it too cannot be opened yet unless you subscribe to FRC. But, it should be available soon. The analyst emailed me to indicate that he issued the note and reiterated his valuation of the stock as a "Strong Buy" with a current valuation of .20cents. He noted the new expansion of the land holdings making ANX one of the largest such miners in the entire region. Some of these properties are extremely close to Rambler's Ming's Bight Mine which is rich in gold and copper. Rambler is currently busy mining out the copper now which is easy and gets to futures market faster than gold. Their gold production has been huge considering that they have just recently started up.
Romeo and Juliette zone has already shown much higher grades than the Pine Cove zone so we should see this zone next to be mined.
Google the following:
For those interested enough, there is an interesting article "op-ed" in THE GLOBE and MAIL by Martin Mittelstaedt. It was published on: Thursday, July 26, 2012 and is entitled:
"GOLD STOCKS TO SEE A 'PHOENIX-LIKE RISE' " based on a report by: John Ing.
Although gold prices have averaged lower this quarter than last, we should still see great numbers assuming that there has been no delays or shutdowns which I don't believe that there has been any. If production is up, then we should be able to compensate for the lower gold price.