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Amex Exploration Inc V.AMX

Alternate Symbol(s):  AMXEF

Amex Exploration Inc. is a junior gold mining exploration company. The Company’s Perron property is composed of approximately 117 claims covering an area of 4,836 hectares located in the township of Perron and is located eight kilometers (km) northwest of the town of Normetal. Its Lebel-sur-Quevillon project consists of four properties that are located 26 km North of Lebel-sur-Quevillon in the north-western part of the Quebec province and 150 km northeast of Val d’Or. The properties, 100% owned by the Company, consist of 73 claims covering 4,073 hectares. The Lebel-sur-Quevillon project consists of Cameron property, Madeleine West property, Madeleine East property and Pusticamica property. Its Eastmain River properties are situated in the Eeyou Istchee Territory, James Bay, Quebec, approximately 350 km north of the town of Chibougamau in the Plan Nord Region. Its Eastmain River Gold project consists of four properties: the Eastmain River North, East, West and South properties.


TSXV:AMX - Post by User

Bullboard Posts
Post by Schumif1on Sep 15, 2019 7:44am
289 Views
Post# 30128051

Amex mining site location offers high premium

Amex mining site location offers high premium
Look at the Quebec map, the Abitibi region is mining country for 100 years. Amex is not in the bush. You can drive to the site. No billion dollar access road to build. PLUS, local availability of all gold processing facilities needed, no social acceptance obstacle. PLUS, mineralization goes up to the surface = no shaft to build, open pit or a ramp will do it. PLUS, high grade concentrations. All this equals super high profitabiity on each ounce mined. And of course it means, high premium on stock. Truly when you add all this up, a miner's dream come true. BTW, got a hint from a stock owner that highly reknowed gold newsletter now has a BUY recommendation om AMX.
Bullboard Posts