Amilot Capital Inc V.ACI.H

Alternate Symbol(s): FMXVF

Metals & Mining Gold

Amilot Capital Inc. is a Canada-based gold exploration and development company with contractual interests in gold properties in Colombia, South America. Its mineral properties are the Ancal/Marmato Project, located in the Marmato/Caramanta district in the Caldas and Antioquia Departments of Colombia, and the Nortol project, including the Papayo property, located in the northern part of the Tolima Department of Colombia. The Ancal property holds 32 mining concessions, exploitation licenses and applications for mining concessions, covering a total area of over 21,382 hectares (ha). The Nortol property holds 29 mining concessions and applications for mining concessions, covering a total area of over 39,546 ha. The Nortol property is an emerging new gold belt with high grade veins and limited historic exploration. The Papayo property includes existing underground mining works known as the El Papayo mine, comprised of over 400 meters of galleries over an area of around 15,000 square meters.

TSXV:ACI.H - Post by User

Amilot Capital Inc

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Comment by bob2001on May 19, 2001 9:30pm

141 Views

Post# 3764392

RE: quiet

Yes, it's a quiet wait. And it might take a few more quarterly results to show some steady profit but they have been able to show a profit with only 4 or 5 millions of sales for a trimester in the past and the main reason holding this company seems to be the restructuration of their industry in mainland China. I read on a web site called Chinaweb.com that a company named China Unicom just ( may 16th) signed contract worth 1.45 Us $$ Billions to build it's new mobile phone network with ten companies as their suppliers. The article is a bit technical but it might signal the end of the beginning of that restructuring.

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