amcan minerals 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 : amcan minerals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wats who wrote (53)	5/17/1998 8:26:00 PM
From: Diamonds Are Forever	Read Replies (1) of 71

Bronson Conrad and Michau Huisamen and one other director went to London in the beginning of the week to meet with ?? and to visualize the status of the equipment that is being built for Angola. Then they were off to Freetown and arrived Friday morning I would imagine to talk with the government on the current situation (getting back into the country, more property, determine if there equipment that has been stored in a concrete warehouse somewhere in the country has not been destroyed). If the equipment is still in one piece, the Armsec deal will be finalized and they will start mining sometime in the summer (although rainy season will go through October). Angola could be operational at Tejok by mid to end June. If these countries can continue to show progress, then the AmCan train will pull out of the station. There is much more upside potential in the next three months than downside and the rally could begin soon but mid June is more realistic. I would imagine a half million shares in a week with a minimum of 50 trades will signal a possible large rally. The float is tighter than ever. If you want quantity, you have to pay. If you want to play the stock and pick up a little here and there you probably can pay less. Monday and Tuesday will be a good indicator if Friday was just another example of someone who follows the stock purchasing more or possibly new blood ready to come in. I do believe there are more investors eyeing the stock than you would imagine with sucj little activity in the last couple of months. AmCan officers know a lot of high up people in the industry and within each respective country they have holdings in currently. I would not be surprised if they were not awarded some more prime land in Sierra Leone in the next couple of months. Go to run. Sorry I did not respond to your last post but I was waiting for more time to elapse. It really is only a matter of time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next