AmeraMex International Inc. (AMMX)

[micham2012]

I am as hopeful as the next person about the China/Niger deal. But I would not be long here if that was all that was going on. I think that the business is well on the road to recovery and in good shape, even if China/Niger deal dies or is delayed. Stock seems undervalued IMO regardless. The downside seems limited to me, and IMO that is why the "correction" was very light. Obviously stock will go bananas if the China/Niger deal is signed, and will be ever crazier if the Company is ever able to report revenues from that deal. But I am not placing a big bet on the faithful performance of promises or even contractual obligations by an entity in China or one in Niger.