Amerix Precious Metals to Advance High Grade Gold Project in Brazil and Set to Receive First Payments of Royalty Income Stream
Posted by
PRWeb: Business Stocks 18 March, 2010
With only ~105M shares outstanding and trading under CDN$0.10 the shares of Amerix Precious Metals Corp. (TSX VENTURE: APM) (Frankfurt: NJG) (US Listing: APMFF) is poised for significant upside revaluation. The Ouro Roxo royalty alone is expected to result in payments to Amerix of ~$150K – $250K per month by year three or four, starting with initial payments (based on today's gold price) of $15K – $20K per month this year as the consortium processes the tailings. (PRWeb Mar 18, 2010)
Read the full story at http://www.prweb.com/releases/2010/03/prweb3625744.htm
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