TSXV:AMG.P - Post by User
Post by
mewbuddyon Apr 09, 2013 2:39pm
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Post# 21232641
getting better and better
getting better and better no complaining on the whole venture market while AMG is actually getting better and better. Victoria gold just got the green light for its eagle mine which is only 29 km away from Redmountain. if we can prove the resource similar size and grade we won't get any trouble to build the mine as well. now Redmountain 2m oz inferred with good chance to grow to 4 to 5 m oz. if Victoria gold is smart enough they should knock AMG's door now. a JV or a take over will be benifit both of the companies.
in Pinaya, everything looks good. Rokmaster will be listed on lima exchange soon.and the drill program might bring us huge surprise. Pinaya has already got almost Im oz gold there with only 5% of its land explored.
it's funny to see deadlock complaining about VIT's low valuation on its gold project. if we check the AMG's valuation it's less than 1dollar per oz now.
other extremely low gold evaluation stocks I have are INV.TO. market cap is 2/3 of its cash postion and it has 2.7m oz @ 4.4g per ton. also MOK.VN has 3.1 m oz @ 1.1g /t with market cap 7m. roughly 2 dollar per oz. also ORO.VN 3.1m oz @ 1.23g/t with market cap 5m. 1.5dollar per oz for ORO.what's wrong with the market? I don't know but I will know 3 years later.