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Saturday, January 16, 2021 5:54:33 PM
It has been known Sri Lanka has great resources but due to the Civil War in Sri Lanka it drove a lot of foreign investors out of the country. Especially right when the gold discovery was noticed. Mark Bolster and AMECA have been around for a while and they are basically the first ones back and have exclusive gold rights for the country.
Time line:
Aug 12, 2020: Ben Berry announces to bring in AMECA into the STHC shell (spike to 6 cents)
Dec 9, 2020: AMECA ceo Mark Bolster has been granted custodianship of the STHC shell and discharged from Delaware court. (spike to 9 cents)
Jan 16, 2021: AMECA starts to update STHC profile and it confirms their merger into the shell (Spike to 12.5 cents)
To come:
1.)AMECA brings the shell current and *stop sign removal
*IDK how long it takes to remove the stop sign but when it goes it opens the gates to many other brokers to trade this stock.
2.) AMECA provides share holders with company info with a PR and maybe super8k filing? They also plan to change the ticker symbol but the symbol change may take months.
3.) AMECA releases results of their fire assay.
4.) AMECA releases their Ni-43-101 mineral report showing everything they have.
5.) Another PR talking about their buyers. Maybe some EV company for their graphite. Perhaps how Schazti ties in to AMECA and other claims they have. *( Schazti is a exploration company lead by AMECA ceo Mark Bolster). The gold Schazti finds is then mined by AMECA.
As you can see we have stair stepped nicely and we have a lot of great news to come. AMECA has been keeping quiet about their operation and I honestly think it is to keep how big they are quiet until they become current. IMO testing 25 cents on current news and then clearing a dollar if they release anything that shows they have a high gold amount. I have no limit on how high this will go yet as there is no complete resource evaluation done yet but the 4.4 billion in graphite puts up a pretty high evaluation here.
GLTA
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