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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

Post by optalon Apr 03, 2021 10:59am
299 Views
Post# 32933681

great post

great post I have had amx since .09 and bought up to own a good chunk.  Someone is playing games with the stock trying to pick it up on the cheap from weaker hands.  This stock as you rightly point out is worth 6.00+ with 3 million ounces and at the 5 million level 10.00.  They are beside a mining town with miners.....THey have services close at hand.   THey have an open pit potential that would pay while  development is going on.  They may be able to use a porthole instead of a shaft saving them big monies.  Nearby mines have the milling capacity  so posibble no need to have a full mill on site.  It is frustrating to see the foolishness of some people to sell into the low ballers.  Their time will come.  I wouldn't consider selling under 5.00.  Without a doubt they have the goods and I reallly do think their goods are worth in the 10.00 range.  As the lab give out more results the proof of what is there will come out.  2.5 millions ounces value the property at 5.00+ (2.5 X 200 an ounce).
AMX will sell this property to some eager to make more money.
Time will reward the longs well.  
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