EURASIA MINING is also in Russia and is doing well, I had it on my watch list but not invested. Looking like things are on the move over there, I think Eurasia has a large Russian investor. May be that is what will move AMC.
while licence most likely later next year 2015, BOD will surely do small placing just to make sure that we have more than enough cash. after all, if cash balance seems a bit low, russian authority may feel AMC is not strength enough financially and hence may not reward the licence;
that will explain why RY suddenly very active in doing presentation and marketing, so that easy for small placing
also perhaps explain why sp being pumped and then chunky sells going through
hi jolly. what do you expect here in terms of timing for licence conversion vs placing/fun-raising ... spike on licence followed by placing probable? asking as only v recently looking here, and know v little re complexities of biz with ruskie friends. (all more complex since they took that wall down. -- good fences used to make good neighbours? but nah, it wasn't that good back then, either, was it.)
Amc is bouncing the way we want to see it. All techs are positive, a good day Monday through the 4.25/4.5p and the confirmation is on in my opinion. Be nice to be looking at my holding at least to the value of my stake!
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