Lotsa whining.......going on here. And I'll be first in line to confess I've done plenty of whining when I believe I've got something to b... about. What annoys me is that the whiners here don't seem to know much about why their stock is going down.
I think that a lot of people here are into the stock because a well-meaning investment advisor in New Jersey tells them it's cheap. I have previously commented that it's not cheap, especially compared to Arizona Sonoran. Just to recap, Arizona Sonoran has just about 4 X the copper in the ground and a market cap that is WAY LESS than AMC's. So 4 times the copper for about 60% the market cap, using today's prices of $1.32 and $2.10.
Arizona Sonoran is going to release a pre-feasibility study in Q1 next year and a definitive feas study later in 2024. AMC is a LONG WAY from issuing a resource estimate. I'm going to wild guess that ASCU is about 2 or 3 years ahead of AMC as far as development timeline. What is your opinion? Or do you have to wait for Peter G to tell you what your opinion is?
Do you know when the next drilling round at the West target commences?
Do you know when drilling might commence at Sugarloaf?
Do you know why AMC is allegedly cheap?
Do you know what you own?