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$3.69 azure minerals limited

well balanced post Ro cheers I am taking the position that we...

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rickii78

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16/02/21

13:01

Post #: 51032816
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Originally posted by RoyE: ↑

AZS's share price drop is unfortunate. However , as I have written numerous times on this thread, AZS's share price is wholly dependant on drill results. Good drill results, share price increases, bad/average results, share price falls, simple. Some on here talk about technicals, these are absolutely meaningless and irrelevant as far as I'm concerned when it comes to these small explorers. Some also say that the Ni must be there in the ground because Creasy/Rovira are involved - again wrong as even Creasy and Rovira don't know what lies 100's of metres below the surface.

Many investors on this thread don't seem to understand the risks involved in investing in explorers, especially when the explorers share price is already elevated to very high levels by early drilling success. When things turn pear shaped they allege corruption, leaked info, insider trading etc however 99% of this is misguided. I say if you want the big rewards, you must be prepared for losses if drilling does not go as planned. If this is not your cup of tea, I suggest that you invest in less risky plays.

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well balanced post Ro cheers
I am taking the position that we have another 25,000 metres to be drilled. lol I would love to hear what a geologist has to say about hole 8

AZS Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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