Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
What can be seen on the daily chart of Amur Minerals (AMC) is the way that the latest 3.35 million shares purchase announcement comes after what has been a constructive build to the price action for several months. While we are probably not looking at an overnight sensation, it would appear that over the summer the stock will head back to the levels seen in 2011.
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