RE: Nice to see...20 Oct 2020 11:43
Hi Sasa
im sure u have seen, nickle has been in an uptrend channel since april, 5 then, 7.1 now, that a big increase and still on the up I think.
i have always said here is a risk reward, amur goes bust, max losss 2.3p, amur goes blue sky, 100p, so looking for it to sit at 20p reflecting this. with Adam putting his own money in, board buying shares, probably no more dilution, dealmaker on board, nickle increasing, sulph not lact deopsit, copper stream, as u,ve said we have never been in a better position.
i guess its sentiment driven, as with the 44p achieved before with less nickle and less shares.
For the newbies here, you are superlucky imo to be able to buy at these prices, look at market cap and value of metal in ground.Remember russia has cheap finance at the right time,. In the past we didn't even know for sure Russia would give amc a licence to mine! And we bought all the way up to 44p. At that time £1 share price was expected. As said my average 12p., amc have now 100% liscence, and for all metals, for decades hence.
Have you seen the odd youtube vid saying gold will crash at the american election result? your opinion on this?