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Asiamet Resources Ord Shs KMGLF

Asiamet Resources Limited is engaged in the exploration and development of mineral properties. The Company’s principal mineral property interests are located in Indonesia. It is an emerging copper producer focused on the development of a portfolio of large copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia. Its projects include BKM Copper Project (BKM), BKZ Polymetallic Project, KSK Prospects and Beutong Copper Gold (Beutong). Its BKM Project sits within the eastern area of the Kalimantan Surya Kencana (KSK) Contract of Work (CoW). The BKZ polymetallic project sits within the eastern area of the KSK Contract of Work. Its Surya Kencana CoW is wholly owned by it and is located northwest of Palangkaraya, the regional capital of Central Kalimantan. The KSK license covers circa 390 square kilometers (km2). Its Beutong Project is a large porphyry copper-gold system located in Nagan Raya Regency, Aceh on the island of Sumartra, Indonesia.


OTCPK:KMGLF - Post by User

Comment by wrightmanon Sep 11, 2015 12:31pm
87 Views
Post# 24096570

RE:Good copper grades but too many shares

RE:Good copper grades but too many shares
hey jr, that's the thing, the free float is actually very small on this one. Much of this stock is held in paper by the many members of a charitable global foundation who supported the company through its early years. With new CEO Tony Manini coming on board, again there has been great demand for the stock in the UK and in Australia.
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