Well it is what it is, no use crying over spilt milk IMO. And at nearly $40mill market cap, AZS is hardly trading at a bare bones valuation. There are plenty of resource coys out there sitting on a half decent resource with huge upside potential, trading at sub - $4 million MC, and some even sub $2 million and have simply gone unnoticed. Thats what happens during bear phases when there's no money in a sector.
AZS undoubtedly would be trading multiple times higher than it is now in a solid bull market, but markets are cyclical, and mining more than almost every other market. You've just gotta play the cards your dealt.
I like AZS because in these conditions (a bear market), it's long term risk to reward looks very decent indeed.
AZS Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
