Agoracom: Small Cap Investment - American Manganese Inc

Focus on minerals needed in the Steel manufacturing industry

I.O.C.G. Target in B.C.; Artillery Peak Manganese in Arizona; Niobium & Manganese in B.C.

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d_man_123

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AMY investment

posted on Apr 03, 2013 07:13AM

So... dear AMY investors. I was reviewing rich history of AMY, share price, future plans... I'm wondering what is your opinion about their future. We know that there a tough times for TSX juniors and a lots of them could probably diseppear. There were times when they (AMY) didn't have a lot of assets (2008-2010) but they make it through. Because I wasn't arround back then I'm wondering if somebody could tell me from what source are they financing company.
Last May SP just plunged from $0.35 down to these levels. Was that just "Sell in May and go away!" or was there something else going on in the background.
If you look at manganese fundamentals I believe that this company has a lot of potential (Mn is used for steel making, batteries,...).