Amur Minerals Corporation

Amur Minerals Corporation (AMC) is a rapidly-growing mineral resource exploration and development company focused on base metal projects located in the far east of Russia. The Company has three properties in the region with its principal asset being the Kun-Manie sulphide nickel, copper project located in Amur Oblast. With a JORC compliant resource of over a quarter of a million tons of contained nickel, Kun-Manie is one of the five largest new nickel sulphide discoveries since Voiseys Bay.

is anyone here still watching this stock? they've had quite a bit of success. interview with the CEO

WATCH: Amur Minerals - Company update

Robin Young, CEO discusses the companies recent activity with BRR Media.

Click here

Morigam if you are still around.

I've watched for about 6 months but decided against investing now because of course it is Russia and the Ruskies are hurting.

Who knows what they may end up doing with LSE based companies?

The very same reason I sold the last of my EXI. EXI are cheap in some ways but in other ways these types are just huge bear traps.

Dangerous times.

wrong thread.

Why are punters pilling in up to £20k some of them with no news at all. Or do they know something we don't..

Just playing the bounce, maybe?

Yes it could end in tears.

Is Amur Minerals set to double? - By Alistair Strang | Tue, 29th November 2016 - 10:11

Can Amur Minerals resume rapid rise? The Amur Minerals (AMC) share price recently gapped up above a trend we didn't believe existed.
As the chart below shows, the price is now reacting to movements against a downtrend from 45p and this, while vanishingly rare, is generally regarded as a good thing. It implies AMC can now be expected to outperform.

Of course, we've a "however".

The share was gapped up from 7.5p to start its new trend and, while recent movements suggest the market intends to cover the manipulation gap, the harsh reality is that weakness below 7.7p now signals a reversal to 7p, with a secondary of 5.9p.

We'd warn that the market is rarely kind-hearted, so anyone hoping for a bounce at 7.5p is liable to find themselves walking funny for a while.



Thankfully, such is the reality of this new trend that anything above 10p is very liable to reach an initial 14.75p with secondary, if bettered, at a longer-term 20p.

The funny thing is, our software is forced to suggest a long-term attraction exists at 42.75p, but we rather suspect positive news, positive market conditions, and a Santa rally will be required.

If the intention should prove to be a reversal to 6p before a real bounce, the market will hopefully take a couple of weeks to avoid the share being propelled once again below 'blue'.

Generally, a movement such as this would stink and effectively trap the share price. Unless, of course, "they" opt to do it with a spike downward at the open - which would be a good thing.

join the bottoms up on chart you get a down trend developing, down the road.
same as the one in construction. 3 yrs before any cash flow into a m c BB