time for an opportunistic take over bid?

AZM has been in a downtrend since peaking around 80 cents in 2010 - while the gold price has risen hundreds of dollars.

Not every gold junior's share price has more than halved since then!

As AZM Management have been unable to promote the AZM story in a manner that results in the market having more buyers than sellers for AZM, despite the millions of dollars being spent on gold exploration and increasing AZM's gold reserves and gold resources, then AZM has become a sitting duck for an opportunistic takeover imo.

I reckon a bid valuing AZM at 50 - 55 cents would now have a very good chance of being jumped at - particularly considering the gloomy appearance of AZM's chart.

That AZM is in this situation is amazing considering gold is comfortably over US$1700!!