Good logical detailed reply Dolce.
Despite all the logic the share price has sunk to its lowest point.
Why does anyone buy a share? Obviously to make money in either the short term or the long term. Investors can’t see that possibility at the moment. In their eyes, it is too risky.
What can change this mindset? The answer is ‘facts’. Drilling facts. Drill results from Alacran, drill results from Sara Alicia and resource statement from Oposura. Descriptive presentations are useless. Only facts in the form of drill results together with mineralogy and metal analyses.
I am assuming that once Azure receives the report from Teck, they will want to check any interpretation and maybe do their own. Similarly for Sara Alicia. Raw assays are part of the story. Interpretations will be needed.
Azure’s survival depends on some significant announcements soon.
AZS Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held