American Consolidated Minerals Corp AMERF

email from Mr. Fabbro

[deet]

I received an email from Mr. Fabbro last night. Apparently he's just as disappointed as we are. He thinks the "merits of this project are still superior to 99% of the junior mining properties trading today."

We already have a 200,000 oz resource (I never knew that) which this drilling only enhances even more. The results of the geophysical program should be released next week and the results of the Lone Ranch drilling should also be available soon.

So...the waiting continues.

All in all, he sounded very upbeat which was encouraging indeed after such a horrible trading day.

Hope that helps a bit.

deet

[rainhum]

Thanks Deet & VanhopeI don't have any real info, but have my doubts that Lone Ranch is all that great. They stopped the drill program without finishing all the holes they were originally planning. Maybe I shouldn't read to much into that, but I don't feel it will be a big help to us short term.I did speak to Al Fabbro a few weeks ago about Nevada and he was very pleased with what

[homerunstock]

Problem is nobody wants to wait  including myself money to be made elsewhere !

[deet]

I'm willing to wait and will buy more. Bought more yesterday, in fact.I agree with rainhum. No time to panic...it's accumulation time.Happy Thanksgiving.deet