Ann: Quarterly Activities and Cashflow Report-AZS.AX, page-277

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thunder54

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22/08/16

16:29

Post #: 18588678
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Originally posted by Idle Wanderer ↑

The way I read Old Mate John's post, he was just guessing or assuming it was AZS.
Don't forget Sprotts are also buying heavily into another Mexican project:
"There’s a discovery in Mexico, which is a joint venture between two Vancouver juniors, one called Orex Resources (TSXV:REX) and another called Canasil Resources (TSXV:CLZ), where we have been fairly active buyers." - Quoting Rick Rule.
That's the Sandra Escobar project in Durango State. I saved you the trouble and read up all available on that project. They've had some good hits, though the good stuff, Ag with Au credits, is a couple of hundred metres below the surface. As far as I can see though, they are not close to estimating a resource yet.
So, on the balance of probability, Sprotts do seem to be talking about AZS, so they might be making a fair guess for us of a 40Moz @140 deposit, with some of the undrilled extensions included.
Commiserations on the fight result, by the way. Hope you make it all back here soon.

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He said the other were tsx listed, so I assumed he was talking about an asx listed 40Moz 140 g/t, deposit in mexico, I am pretty sure it's AZS, but it could be they orex, they also had some very good initial results around same time as we were drilling out MDP.

As for the fight it was good to watch, no more money for AZS today unfortunately, fair play to mc gregor though he did more damage deserved the win, diaz face looked like a squashed peach after the fight.

Last edited by thunder54: 22/08/16

AZS Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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