You are right. The planets are starting to align for all gold equities, the excellent, the very good, the good, the average, the fair and then the complete rubbish.
It might help if most investors are aware of what they are dealing with, and can spot the important differences between one gold company and another. But I very much doubt that is or will be the case. That's why when I made some pertinent points I got met with nonsense comments like "I doubt he knows what is the different between RC drilling and Reconnaisance Aircore drilling."
Who cares about AZM's intersections?
Surely it's fine if the market treats numerous three metres and four metres intersections like 30 metres and 40 metres intersections because AZM is in West Africa, and the market knows the dirt in West Africa is just flowing with gold oozing out. Why, even the weeping willows in West Africa weep gold, so I have been told.
Anyway, the AZM share price is up 3.25% to 64 cents today, and that's all that matters. I guess the higher the AZM share price goes, the higher AZM's market capitalisation becomes, the more investors will become interested and the better value bargain AZM will become.
I'll enjoy watching the boom in West African goldies such as AZM as it eventually turns into a bubble and game of Pass the Parcel and Musical Chairs. Just hope everyone is going to find a seat when the music stops, because I will well and truly have left by then. I won't be scrambling for a seat.
PS: I haven't forgotten the recent uranium stockmarket bubble and all those "undervalued, cheap uranium stocks" and what happened to them at the top of the market bubble. I wonder how many investors have?
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