price, page-71

gosouth, sorry for pointing out the obvious with regards to the share price. Your strategy of making a profit is the reason we are all here and your trade was a perfect one if your goal was a quick sizeable profit.

I am in for the long-term if a porphyry is uncovered in this program. If not, I might take some profits (holding a little in reserve) assuming the upcoming assays allow me to. Again it all depends on the significance of the assays.

Holding Azure is a risk, however the returns for that risk could be exponential. That's why I'm in rather that waiting for more poor results that may never eventuate. A porphyry may be around the corner or may not be uncovered in this program. I trust Azure management to at least build on Cascada with their measured drilling approach that makes the best use of placement funds possible.

I also would like to see Azure meets some deadlines (e.g. mining by 2015). The rate that drilling programs and mining studies progress at Azure is questionable and may be eroding shareholder wealth. There is a lot that needs to occur if Azure commences mining the broader Promontorio project by the start of 2015.

However, if an economic porphyry is located (to me that could be > 0.7% copper at depth over widths greater than 150m) all will be forgiven.