Looking oversold at 4.5 cents. In the last major correction gold went as low as $1209 and AZM was trading higher then this. Looks to be good technical support at this level. Market cap is now $26 235 000, pretty cheap for a 2000 000 oz resource.
MC/resource oz $13.11 one of the cheapest on the AXS.
If I wasn't already overloaded and sitting on a paper loss I would buy some more.
Leveraged gold play, page-17
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