So in quarterly... seven holes drilled and five tin-shows. The...

So in quarterly... seven holes drilled and five tin-shows.
The Game is guess the two no-shows. (Management are not letting on.)
OK the challenge is on. CSI. Forensics. Management versus shareholders. Let's play games.

OK... 001 is a Show... 002 is a show because 003 was drilled as a follow up, which would not have been done if 002 was a dud.

005, 006 are shows because the nice pics have tin there....

I will guess 003 is the no-show. The deposit is definitely laterally limited.

004 and 007... way out in the never-never. Deeper holes. One gave a sniff (004?) which encouraged the other and one was a dud.. 007.

So ...... part guess, part logic.. 003, 007 are the duds. (could be 003 and 004)

It is fair enough to play things down by not Publishing PEA's that suggest multi-billion profits. It raises expectations unrealistically and can come back and haunt... but...
It is the bank balance that is the problem. Quarter mil dollars due to Azul Owners in March. Then another $500k a year later. Cash out the door. As for "reviewing some more advanced projects" that is great but where is the money coming from? What about more drilling at Azul?

Is Azul really worth another $250,000 cash into someone else's pocket??? I have no idea... but as a shareholder I would LIKE TO KNOW.

AVY talks like it is a cashed up go ahead company. Is it????

AVY is going to need strong support from somewhere. I want more than 5 out of 7 holes showing tin, and some assays. I want to know how prospective and profitable the tin they have now is. A Master Plan to convert it to cash. Talk to me in Dollars and Timing of cash flow. Until then I will sit on my small shareholding and hope I do not lose too much of its value. Too many unknowns (forget spending money in Burma) to say it is anything more than an interesting company at this point. Great management or not.

Others may agree, or disagree, of course.... either way, would be interesting to know the opinions of other shareholders on this forum.

I would like a warm and fuzzy upbeat post to make me feel better about AVY. Any takers...
PP