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Amarc Resources Ltd. (AHR.V)
TSXV - TSXV Real Time Price. Currency in CAD
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At close: 02:43PM EST
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AMARC announced today , alliance with top tier Copper Producer Freeport McMoRan on AMARC Joy copper-gold porphyry district in north-central BC.
Drills are moving in to JOY. Programs underway and I heard that Freeport upped their initial investment from 4 mil to over 5 million. This is now a serious program and will lift this stock quickly once word gets out....
Amarc should (could) make very significant uptick in its share price over the next 24 months if one of its three projects moves towards becoming a producing copper mine. Not a "sure" thing but could be a 10X to 20X return. Downside is it moves to "nada". You must decide if you think the upside potential outways the risks. Miners are always risky but some have very good returns. Not a company for those without risk capital....
232,000 shares sold today - double the average volume - and the share price doesn't even move? Who's pulling strings on this? Buy low, sell high mantra.
Demand for copper looking good and Amarc should be able to ride this wave.
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