AZH 0.00% 24.5¢ azimuth resources limited

just keep coming, page-7

  1. 1,296 Posts.
    Wish I had a crystal ball to answer that question. I suspect the answer is sideways and maybe a bit higher.

    Positive forces. The trend is up. Strong management. Funded. POG is going up. They keep sticking the drill into shallow gold. Large prospective tenements.

    Negative forces. M/C is now $250 million and they haven't a JORC. World economic climate.

    This is a longterm hold, looking for a M/C of 4-6 times in 4-5 years.
 
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