American Manganese Video
American Manganese Inc., a mineral resources company, engages in the acquisition, exploration, and development of metals in commodity markets.
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American Manganese, Inc. (Ticker Symbol: TSX-V: AMY; PINKS: AMYZF; FRANK: 2AM) is a mineral resources company focused on the acquisition, exploration and development of metals crucial to the steel industry. The Company is focused on manganese, particularly at its Arizona Artillery Peak Property, which contains the largest known manganese deposits in the Southwest US. AMY could potentially become the lowest cost producer of electrolytic manganese metal (EMM) in the world at $0.44/lb; compared to China at $0.98/lb.
Laurentian Bank Securities, in a May 2011 report, rated AMY a “Speculative Buy” with a one year price target of $2.90. At a December 23, 2011 closing price of $0.35, this would imply a total return of 729%. For more information, please fill out the “Investor Inquiry Form” below.
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