Posted On: 09/28/2014 11:21:55 PM
Post# of 11038
Why $AMMG is going to fly high in the next few days.
Production is steady and can't cope up with the demand. India and China are the main players in this mineral. Price per pound will never go below $3.00. These two mines can produce incredible tonnage of ores per week and over all expense is one-third of production only. So for short, revenue is amazing with a little over 3 mil in debt can be paid off in just a short time. Hopefully PR's is coming soon so everybody can re-evaluate the company's strength and valuation.
Production is steady and can't cope up with the demand. India and China are the main players in this mineral. Price per pound will never go below $3.00. These two mines can produce incredible tonnage of ores per week and over all expense is one-third of production only. So for short, revenue is amazing with a little over 3 mil in debt can be paid off in just a short time. Hopefully PR's is coming soon so everybody can re-evaluate the company's strength and valuation.
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