I've done heaps of DD on this and got in a few days ago .
Have had a lot of sucess with stocks like this in the past , namely GRY,GOR and AMX .
I like to enter such stocks leading up to maiden jorcs that i think are going to impress the market and increase investor appetite.
After going through the drill reports for AZH , I feel confident that a great initial figure can be achieved. The drill results are arguably better than early stage GRY or AMX and their markets caps moved above 300mil in short order , and much higher with successful follow on drilling .
Being close by to other majors mining in the area , always gives that added takeover premium once the size and grade reaches a certain point.
Looking for 1.2mil.oz at 2.2g/t or better maiden jorc, which would be an outstanding first release.
AZH Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held