you have never answered me Dolce. your answers are alike this recent response, simply detouring from the questions..
your answers if I remember to the funding of Oposura some time back were, presale contracts to support finance from some sort of financial institution, correct?... In which is simply ludicrous and dreamy...will never happen..
I am not arguing that Oposura has the ability to be a profitable mine.
What Im trying to point out is, on the lead up to Oposura becoming a mine the massive amounts of CR's needed along with the massive dilution to the register from these levels hardly becomes worthy of holding... there is a reason the market is not reacting to TR's endless repetitive presentations...
Time is our killer... you cant avoid and sweep under the mat the ridiculous cash burn every QTR... putting drilling aside, admin and staff cost are a huge $700K according to last report, arnt you at least a little concerned that our bank balance is getting smashed with revenue so far out of sight?... just in Admin fees the bank balance can only last a few years and thats if they did nothing at sat on their ass's... so expect a massive CR in less than 12 months... If the feasibility study is done positively and correctly I say the we will be hit with a CR within a month from then..
surely you can see some of the major issues here...
it doesn't matter how good every thing looks on paper, its all about time frames, cash burn and revenue... all of which are a dismal failure for Azure as proven by history.. TR has no drive, he gets his fat pay from the likes of gullible investors.. you make remarks at me saying I keep banging this drum, but its so loud how do you not hear it..
we need a miracle from this point in to prevent massive dilution... whats the point in holding at these levels if Azure cant even get the SP back to the recent CR price... next raise will be the likes of 10cents if they cant bring something outstanding to the table any time soon...
we are 100% at a strong support level... but buyers are no where to be seen, and I believe sellers are just waiting to get out as soon as they can get their funds back..
Teck are in no rush, and obviously this company arnt desperate as they are cash flow positive, wouldn't surprise me if they await Azure to be on their knees to make some sort of ridiculous offer to take Alacran back regardless of agreement..
the Miracle we need at this stage is for a serious game changer... If your so "on to it" and think we are in good form... how about bullet pointing the time frames and cash balance sheet on the lead up to making revenue from oposura, I bet you have no idea...
AZS Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held