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$3.69 azure minerals limited

Broker Research, page-138

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FD20

1,132 Posts.

282

16/08/23

10:05

Post #: 69363462
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Originally posted by dolcevita: ↑

There are times when buying old simply works.

My policy with AZS from early on has been when you combine expert geologists with highly prospective tenements then it's just a question of time.

It should have borne fruit in Mexico but for various reasons not the fault of the company, did not.

With Creasy's tenements it became even clearer it was only a question of time. Tony R has switched focus from one form of mineralisation to another before, in Mexico and it's that lateral thinking that I have always backed.

These days I'm a very happy camper and will continue to hold and my sentiment is certainly buy. I guess that makes me a conviction investor but it also has meant being a contrarian too. Especially when dealing with downrampers of which there have been plenty.

I could have made more trading etc but you end up making a zillion decisions instead of keeping to the KISS principle.

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Maybe Mexico didn't have the Creasy factor?

Andover has it all: TR (the geo), Creasy, prospectivity of the area eg PLS, infrastructure in place.

AZS Price at posting: $2.45 Sentiment: Buy Disclosure: Held
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