Have to agree with the doom & gloom in Mining Services sector...

Have to agree with the doom & gloom in Mining Services sector operating in Australia (including AZG), which is currently underwater. Still don't believe in $0.5 valuation either. I have 10% of my trading capital in AZG, big deal :) But this is what I see in overseas mining sites where AZG is engaging.

Marengo mine (2013) $2b MOU contract, Papua.
http://ramumine.wordpress.com/tag/marengo-mining/

Ironbark zinc (2013) $350m, contract, Greenland.
http://www.mining-journal.com/reports/greenland-looking-large?SQ_DESIGN_NAME=print_friendly