AMC - Amur Minerals

Remo,
While the charts are amazingly accurate there are some strong fundamentals on this one too - the 60 days guideline for Rosnedra to award the final licence are up next week (the share hit 22p on notification that 3 out of the 4 licences had been awarded a few years ago. Also there is a JORC due in Q2 so within the next six weeks (as per the CEO in email) and the last time they had a JORC update it was 341K mt of Ni and that was in 2007. Since then they have discovered higher grades of Cu and Ni and the feeling is that it will be over 500K mt which would make it a Ni region and of significance to big players in the mining business.
I am in long with two positions and hold shares in my portfolio which I have had for a few years, traded a couple of times but still hold now - this is my biggest holding.

Im long on this from the other day
It was highlighted by shotry under the general chit chat thread under head and shoulders.
thanks shotry
im targetting 13.5 area.

Looking a lot more interesting today... particularly as it has surged the last few weeks on a THursday Friday - could break 10p tomorrow if not today.

You beat me to that post WS! Was just going to say the very same thing. Beat me to the GKP one too!



I'm just too slow...

looking good... close be important today approx 9.5p

dl.dropboxusercontent.com/u/40497882/AMC_daily_May15.JPG

Keep your eye on a possible close above 9p today(or soon)...

Thanks
CT79