AZG 0.00% 3.6¢ allmine group limited

AZG + Greece , page-8

  1. 8,701 Posts.
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    nosurprises,

    Lets thinks postive ways.... yes azg is a victim of euro crisis & sourness in mining services, with significant sp drop. Most holders are upset & frustrated. However, the good news are:
    -there are not much buying orders, so the significant sp drops on low volume. so what !!!
    -not much selling orders either. most long term holders are sitting tight.
    -record profit will be announce in August. hopefully sp will rally before hand.
    -stock trading at $0.145, less likely it will goes all the way down to $0.01... this is a revenue generating company with chinese back up, not a cash burner.
    -rm research value the company @$0.49.... i'm not expecting the sp will hit $0.49 soon, but if you want to get out.... get out @ $0.3-$0.35 that's a very conservative & easy target to achieve. at least you make something.
    -look, price is low..... 6 month from now you might say to yourself, "i wish i bought more when it was $0.145........ now its $0.35 & way overbought.

    Good luck
 
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