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AMG Acquisition Corp V.AMG


Primary Symbol: V.AMG.P

AMG Acquisition Corp. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to complete a qualifying transaction. The Company has not commenced commercial operations.


TSXV:AMG.P - Post by User

Comment by copperplateon Sep 16, 2012 10:58pm
204 Views
Post# 20374335

RE: RE: RE: Company PR

RE: RE: RE: Company PR

Now what's really frustrating is watching AM flatline while so many other companies have turned the corner over the past several weeks. Gold is on the rebound and many of the juniors who have at least some decent assets in the ground have come off their lows and are gaining upwards momentum again. But not AM Gold. I know I'm not the only one who has been patiently waiting for this moment only to see us benched on the sidelines. Again. C'mon management! This is your end of the bargain to uphold - return on shareholder investment - and you're failing miserably. No more news release excuses on how tough the markets are. That's weak. Too many other juniors are leaving us in their dust now. How can we compete with other juniors who have exciting drill results and exploration data being released when we have nothing exciting to talk about. While other companies dug in their heels and continued advancing their properties, even in these tough times, AM simply chose to sit this one out. Now I get the feeling that AM is yesterday's news, already forgotten about, and our chances of seeing the true value of these properties as a reflection of share price is getting closer to nil. If there isn't some sort of promotion campaign or some exciting plans for the future released soon then I can only expect more and more investors will place their bet on a different team... and that means selling out of AM on any news that creates liquidity. Ditch your losers and join the winners.

I've placed my bet on AM, many times over the years, and I still believe they have great assets with huge potential, but I'm quickly losing faith that management can execute the advancement needed to extract value from these properties. A 7 cent share price says it all.

 

 

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