Amex Exploration Inc V.AMX

Alternate Symbol(s): AMXEF

Metals & Mining Gold

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.

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Amex Exploration Inc > What is it worth pre dev?

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Post by CamyleGroupon Nov 16, 2020 2:17pm

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Post# 31907781

What is it worth pre dev?

I know the prospect for AMEX is good but for example we have E3 metals sitting on a resource worth $10's of billions and a market cap of $50M or less. Development timeline is even shorter for this lithium play in Canada, so how do we rationalize the AMEX market cap? or is this just a matter of E3 being under valued?

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