hi miltiadis, * first thing AZH way under value for the highly prospective gold properties, containing several advanced-stage gold targets in Guyana, South America, where the geological structure is underlain by a Proterozoic aged craton known as the Guiana Shield.before the opening of the Atlantic Ocean about 90 million years ago, connected to the Birimian gold belts of west Africa.
* An excellent for a jounir company that drilled under 30,000m and got coverd by 2 broker.
* My friend done a calculations for Au deposite from the last2 Announcements about (1.3 million ounce deposit) and that just scratch at the surface.
*IMO by the time AZH drill 100,000m we have a deposit of easily 3MOz of gold and more if we keep geting result like that 29 metres @ 14.3 g/t Au.
* A company have land holding close to AZH Guyana listed on TSX they drill down to more than 500m and still finding gold. that what AZH will do in the future.
miltiadis look at west africa gold companys like AZM drilled over 100,000m and they indicated 1.2Moz gold resource in NW Ghana, brokers value the company $1.
Managing Director said on 11 January 2011 ?Our focus for the next two to three years is to deliver a multi-million ounce deposit,?
its going to be intresting year for AZH :)
AZH Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held
