AZX 0.00% 28.0¢ auzex resources limited

considering buying, page-4

  1. 67 Posts.
    Noted that last night GGG held at 14 pence. I still see a little price disparity between AZX and GGG. That given me some confidence that AZX will rise to match GGG, especially once GGG has listed on the ASX.

    Thanks for the info though, I found it interesting that 0.7g/tonne cutoff was conservative, I have always wondered what grades make these Gold mines economical. I guess that is just more laziness on my part in not doing the math.

    I too believe that the drilling will confirm the resource, I think this stock will be on more peoples radars once the new drilling campaign has been completed.

    At this stage though with a A$30/oz value I am in, it seems like the best spec play for a junior in the Gold sector. Good luck to holders, I will be watching how this plays out with interest.

 
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