That actually is the biggest load of horse crap I've ever heard.
So you believe Azure is worth as much as $32/share ($10b market cap) if all goes well? Lol.
Go checkout the Sirrius discovery to see what Tier 1 nickel/copper assay results actually look like. Azure's current assay results are not even close.
The market is ascribing circa $150m value to Azure's Andover discovery (the remaining $70m to their other assets) mainly due to the belief that the VC-07 EM conductor will bear fruit.
Drill hole 7 is all or nothing as it will better test the VC-07 theory. Should it succeed it will give credence to the view that there's a 1km long stretch of nickel (with minor copper.) Should it fail, then the excitement over a tier 1, 2 or 3 find will quickly evaporate.
Don't forget that VC-07 is under around 200+m of dirt. It would need an absolutely breathtaking find to be economic to mine.
AZS Price at posting:
80.0¢ Sentiment: Sell Disclosure: Not Held
