Drill to infinity & beyond! - The standard gold speccie MO.
Another one of my slow motion gold exploration train-wrecks
Sadly, unless interest rates and inflation suddenly drops off a cliff or gold goes to US$5k/Oz, this company will do what >90% of other explorers do, and run out of backers and money. AZY will never take this to mine stage.
I only 'invested' a few hundred $s here, in the hope that the resource would be sold off to the neighbours.
Mining 1-5g/t of gold, hundreds of metres below ground, in a high input cost jurisdiction like Australia, is rarely viable, particularly for a small fry like AZY.
Yes, I've got a sour taste in my mouth from NML and others!
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