RE:RE:RE:1st order of business
I noticed that since the Red Kite deal, AMB has moved away from calling itself a royalty company.
Americas Bullion Royalty Corp. invests in undervalued natural resource assets seeking to provide superior investment returns. Americas Bullion's assets include royalty holdings across Mexico, Nevada, Wyoming, Oregon and California; the Springer Tungsten Mine and Mill; the Taylor mill and Humboldt mill site in Nevada; the Brewery Creek project, and a portfolio of Yukon exploration properties. The Company provides shareholders with the potential for exploration success through equity positions in related companies while continuing to advance and monetize its holdings.
This insurance company plus the new director with insurance background is quite puzzling. I have to assume Bill is intending to put some attention into this area but I have no idea how. Also, it looks like Bill put his newfound cash to use to save his other investments. There is no sense in spreading yourself too thin so I can see some value in that. Its just hard to evaluate how good or bad this deal is because there are a lot of properties involved that I know little about. We burned through a lot of the Red Kite cash but we are also well positioned to endure another year or two of this current market.
Bob