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Monday, December 07, 2015 1:34:31 PM
Update!
1. Nine drill pads have been constructed on the high grade gold zone, drilling will start momentarily. Each hole will take 3-4 days. A total of 18 to 19 holes will be drilled.
2. Drilling on the porphyry will begin this month and involve one large drill rig at the outset.
3. Drilling on the LDM/Nuoco property will commence later in the drill season.
4. There will be a total of 3 43-101’s produced and published as follows:
a. December 2015 – on the high grade gold
b. March 2016 – on the porphyry and LDM
c. June 2016 – the entire property
5. LP asserted that AHC will exercise their option shortly after the third 43-101 is published
6. AHC has plans to go public in Q1/Q2 2016. Listing will be in Peru/Chile and Canada.
7. The deal between AHC and JJ/Family involves 270M shares. An additional 86M was held solely by Claro who placed them in a brokerage account in the Cayman Islands. That brokerage firm is playing shenanigans with the shares and selling them through UBS (that is why he visited UBS a month ago).
8. Claro insists he has sold no stock below 2 cents per share.
I can't wait for those NI 43-101 reports. That should make the regulators very happy.
There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.
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