AZS 2.27% 32.3¢ azure minerals limited

CAPEX & COMEX, page-32

  1. 1,407 Posts.
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    yeh a ‘quick flip at a profit’ would be nice but this isn’t the Sydney property market, these things don’t happen quickly (if at all, check out all the discarded azure tenements ‘for sale’ on the company website...)

    sara alicia’s sale price ($125,000 iirc, no royalties) reflects the highly questionable economics of the patch (due primarily to its extremely small size). If a company like Azure (who apparently sees itself as a specialist in proving marginal tenements) throws in the towel why would anyone else bother

    admire your unquestioning optimism though. small bounce off long term technical support yesterday, would be great to see a continuation over the next several days
 
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