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.
In the 18 months leading up to March 2013 shares in Amerisur (AMER) rocketed from below 10p to 60p. This move seems to me to have discounted vast amounts of hope for the South America focused Explorer. So it was no surprise that in the summer the shares fell by a third. But…
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