AZM azumah resources limited

One of the cheapest gold stocks on the ASX working off market...

  1. 624 Posts.
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    One of the cheapest gold stocks on the ASX working off market cap/ mineable oz.
    Its a shame they used Paterson's for the cap raising, they are renown for dumping their shares at the first sniff of a profit.
    Excellent entry point for new investors, solid support around 4.5 cent level. This looks like a great long term hold if your bullish on gold, highly leveraged to upward POG price movements.
    As a few of the long term holders have mentioned, we will need to see some decent volume to blow off the cap raise hangover.
    Nice looking chart too.
 
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