RE:News: Amex Makes Copper Rich VMS Discovery at PerronAMEX EXPLORATION VS ESKAY MINING
Hole TV20-35 encountered volcanogenic massive sulphide mineralization grading 210.0 gpt Ag and 1.23 gpt Au (4.11 gpt Au eq) over 11.24 m.
https://www.accesswire.com/607180/Eskay-Mining-Encounters-Massive-Sulfide-with-Assays-up-to-55-gpt-Au-and-507-gpt-Ag-in-First-Drill-Hole-at-the-TV-Target-Adds-Second-Drill Amex Makes Copper Rich VMS Discovery at Perron, Intersects 2.40% Copper, 0.72% Zinc, 0.27 g/t Gold and 22.15 g/t Silver over 7.80 m
https://www.newsfilecorp.com/release/92459/Amex-Makes-Copper-Rich-VMS-Discovery-at-Perron-Intersects-2.40-Copper-0.72-Zinc-0.27-gt-Gold-and-22.15-gt-Silver-over-7.80-m differences :
- ESK Market Capitalization goes from 90 000cad. TO 400 000cad. after the discovery hole,
AMX Market Capitalization is not moving... so far. - ESK is VMS primary precious metals deposit
AMX is VMS primary basic metals deposit - AMX have an existing deposit in the area, delineated by hundreds of thousands of meters drilled and waiting for RE (millions of ounces Au eq) & PEA(definitely around billion dollars NPV).
ESK will reach this milestones after a few years.
- You could order food delivery right in the drilling pads, if you work for AMX, but you will need helicopter to go to work, if you work for ESK.
- ESK market cap. = 400 millions
AMX market cap = 200 millions
similarities:
- For both companies, the grades in the first(discovery) hoe are equal , measured in Au eq.
- Both are VMS deposits, discovered in a few kilometers from former VMS deposits mines.
- Both are in first class mining jurisdictions.
- Both have prominent supporters :
Quinton Hennigh for ESK
Eric Sprott for AMS( although both are excellent promoters, we have to admit that Mr. Sprott has more money)
BOTTOMLINE:
- BUY:AMX
- STAY TUNED
GLTA!!!