It has been indeed about sentiment, and that has been my beef as...

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dolcevita

30,207 Posts.

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11/02/16

13:16

Post #: 16995158
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Originally posted by Toxxxic ↑

I think this time could be different because sentiment is starting to turn. We're definitely not in full blown bull mode, but there is a feeling that we may have bottomed and that the current market turmoil could be very bullish for PM's.

I think we will probably see a small spike on drilling commencing. AZS hasn't typically pumped out hyperbole infested "drilling updates" - we usually have to wait for assays, so it will probably drift back during that period of no news flow.

Who knows, and it matters little in the grand scheme of things. Sentiment at the moment is tied up with what the spot price does in the near term, and that is out of our control.

Continue to break above $1,200 for a sustained period of time and the sector is likely to see a torrent of funds flowing back in. A rising tide...

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It has been indeed about sentiment, and that has been my beef as a LT holder.
Easily manipulated SP.

I agree with what you are saying, but it annoys me that we are coming from such a low base, for no good reason. Any analyst who understands that region, conditions in Mexico, cost base and what we have with AZS expertise, plus the drill results so far can see this. Nothing will make me grateful for that low SP base. To some traders it's a gift that keeps on giving. In fact they can't believe their luck, and have shifted to LT holding and trading only a parcel now after slamming it down. :-(

AZS Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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