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Good find. Thanks for sharing. Will wait to see what develops from this.
Syntax, Grammar. Sri Lanka. Hard to compare with an American language education. Southern accents, New York accent, I can't understand either.
Hard to take some things too direct.
Interesting
That statement was made by AMECA Mining on the website. Why would it indicate a different entity?
Going into conspiracy land again. No wonder they needed to say something.
We are all a bunch of wound up puppies chasing a squirrel.
Yep. But I am really trying to quit playing the trash stocks
Last week We had OTC page updates along with a PR directly referring to STHC and Ameca together. And that priority is on getting listing completed.
The only negative was the NI report. Still lagging from CCP Virus restrictions. We all had high hopes it was completed already.
None of this is negative on the values that we all thought were coming in here with the Graphite (Sales already made) and Unknown levels of Gold and Platinum. (Becoming clear after NI 43)
How big do the assets have to be to justify .20 ?? DO we really need 8billion+++? Is 4 billion not enough for some?
How can we do the math and keep the PPS this low?
With the known graphite and the estimated gold, I don't think we can.
Contracting to sell the graphite and the contracting entity upgrading their facilities to handle said graphite seems pretty good confirmation the graphite is not only real but will be produced for sale.
Yes ,well my account agrees with you. I expect it will recover. I am up nicely from Thursday.
Funny how those of us that have been here long, see this as great confirmation that the merger is currently taking place. While new entries seen the PR as negative because things will not be immediate.
Here is some news for ya. NOTHING with this stock has happened immediately.
Steady Ship
That's what the man said
Also the government verified there is Gold in the neighbors yard
1. The Sri Lankan government announcement recently, reports of potential
copper and gold in Seruwalia, relating to a property south of the AMECA
claims (called block C ), which was explored some 50 years ago and is
currently owned by the Sri Lankan government.
Yep, no changes there. And that visible gold in core samples is just waiting for the final Geo report on how much there is.
It's like dejavu every time this spikes and retraces. Same freak out, then consolidation and another climb
STHC consolidated 35 mil in 30 min above .06
Tons of the highest grade graphite on the planet and visible gold in the core samples. Estimated 7g per ton. What is not to like about that?
Agreed.
You are thinking Ameca will only put a small irrelevant 'Unit" into STHC for some unknown reason. That will have no real assets to be able to raise the PPS. And keep the "good stuff' out. Because they want the asset of US Markets and financing for some kind of fraud?
Not with you on that one.
Agreed. Website return will have real info. Awaiting that.
I got that part fine. But there have been updates. So I will assume they mean completion of listing on OTC.
I can accept slow continuous updates. Need the report to finalize, ok keep working.
I am confused by this statement:
Southcorp has not updated its OTC platform, as of yet, and an RTO cannot proceed without such an internationally recognized report.
Obviously they have updated it. Anyone can go look at it. Mission statement and Officer updated.
Multiple sentences tying them together. That part is positive as far I can see.
I read as It does confirm solid the relation of Ameca and STHC.
There is only one other graphite mine that has comparable grade and comparable location. Along with similar governmental interactions. Ceylon
Ceylon only has a fraction of the graphite deposit that Ameca has. Without any of the other minerals, including Gold.
Ceylon claims a very low overhead cost for extraction. And a very high interest in demand for their graphite. Even from the Chinese. Who use it to mix and raise the low grade they have to a better usable grade.
A little weekend boredom watching. There are a few interesting tid bits
Analysis of AMECA's initial drilling indicated the presence of gold. In fact, XRF testing revealed an average gold concentration of 7 g/tonne. XRF (X-ray fluorescence) is a non-destructive analytical technique used to determine the elemental composition of materials including gold and platinum
https://www.amecamining.com/gold
Remember, there is more to Ameca than just a huge Graphite deposit.
BLUE SKY
The big break out is coming. New Highs almost here
Haven't even hit new highs yet. Wait till we break the .09s
This will be next item to watch for updated on OTC Markets
PROFILE DATA
SIC - Industry Classification
6500 - Real Estate
Description on OTC site was blank. Now Ameca mission statement is there.
That OTC page description is a direct copy and paste from the AMeca website page.
Anyone still not convinced?
OTC description added
DESCRIPTION
Our focus is to create shareholder value while supporting local communities by creating commerce, infrastructural advancement, and downstream technological development of new age materials. We aspire to make a difference by finding transformational projects for regions lacking this dynamic, employing the industryâ??s highest standard ESG, and backing carbon friendly R&D to help the planet become greener.
Great Find!! Confirms what I have been saying here for months. Sri Lankan Government wants to promote mining to better the GDP. Positive signs. Better to have support than opposition, like many mining operations face.
No one filling my bid. Sad for my bid, but a good sign for shares I already have.
Just waiting around
The point is Synergy sells the shells for high value.
Ah yes correct. I did state that wrong.
Happy to read anything you care to share. I was truly making an assumption. The same as when I purchased shares here. Synergy has done well at placing companies in their shells. Hoping this one is worth while also.
I would think a shell with this low OS would be a valuable candidate for Berry. Selling to the highest bidder will likely be a better quality company.
Interesting sudden spike
What's going on?