America Mineral Fields - AMZ Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : America Mineral Fields - AMZ

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kent Krauza who wrote ()	8/6/1998 3:12:00 PM
From: Ben Homer	of 120

Very risky... I've been following this stock for a long time. I like it a lot, but don't own any because of the political situation in the Congo and the amount of risk involved. They have had numerous contract disputes, and problems over ownership of certain properties, which doesn't help it. It has properties all over the world, and lots of cash, but the congo ventures are the most important. The revolt against Kabila could be very bad. If he loses power, they will most likely lose their contracts there, and it's bak to the drawing board. Another problem is that it trades on Toronto. It would be great if they could get listed on one of the US exchanges. There is a ton of risk involved in this company, and that holds the stock back. But it has been doing good things and the managment seems fairly well run. I'm personally going to wait it out, I think that eventually things will start working out for them. The Congo sitiation will continue to have a huge effect on the company... Good luck, -Ben-

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next