Eldorado nears C$100M bet on Amex as Perron advances

• •Hey everyone, just read this interesting article about Eldorado's C$100M investment in Amex [link here] .
• •The fact that Amex's annual gold production could jump by nearly 50% after their feasibility study is pretty significant.
• •That kind of growth potential in any sector is attractive, but especially in gold right now with all the economic uncertainty.

Hey everyone, just read this interesting article about Eldorado's C$100M investment in Amex [link here]. This caught my eye because I've been sniffing around some junior miners for a while now, looking for potential growth plays to balance out some of the more established names in my retirement portfolio. The fact that Amex's annual gold production could jump by nearly 50% after their feasibility study is pretty significant. That kind of growth potential in any sector is attractive, but especially in gold right now with all the economic uncertainty. I've been focused on getting my kids through college, so I haven't been as active in these smaller cap plays as I used to be, but this definitely makes me want to dig a bit deeper into Amex's prospects.

My initial thought is that Eldorado making such a substantial bet shows a real belief in Amex's Perron project. It's not just a small, speculative investment; C$100M is serious money for a junior miner. I'm wondering if any of you have been following Amex more closely or have already invested? I've seen a few of their earlier reports, but nothing with this kind of capital infusion. I'd love to hear some other perspectives on whether this is a strong buy signal or if there are any red flags I might be missing. Always appreciate the collective wisdom here!