Azimut has the largest land position of any company in Quebec .Enterprise value only around 120 million Canadian ,I think it could follow GBR (market cap 1 billion).Not too late I dont think .With respect to Kalamazoo I bought it around 10-12 cents a share, when it didn't really have anything .Now 18 months later it is 72.5 cents and it doesn't really have anything ,I am not counting the Northern Star transaction as I am not sure that is worth anything .Perhaps if gold goes to 2700$us this year as Sprott is predicting, then maybe .Anyway you cant go broke making money ,KZM has a fairly tight float so it can go up quickly on not a lot of buying .Whenever you own a speculative stock like KZM you have to decide when to take profits which means selling to someone who is convinced that it will go a lot higher .Sprott is high on Freegold this week ,its enterprise value is about 200 million canadian about twice KZM and it has 6 million ounces .
KZR Price at posting:
72.5¢ Sentiment: Hold Disclosure: Not Held
