AZS 0.00% $3.69 azure minerals limited

Ann: Teck starts drilling at Alacran, page-27

  1. 1,395 Posts.
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    Well based on the price action and chart until there is sign of life on the stock reflected in the price action and SP there are IMO better opportunities . Stocks do not necessarily require revenue to run but they require great management and news flow . Most small cap stocks will run on blue sky potential and then capitulate on delay or bad news . the fact with this stock is it has capitulated and may well be oversold on fundamentals IMO but the market does not care . The question is what and when will the catalyst be to spark interest that in turn will be reflected in the SP and MC .
    At present one thing is clear there is simply no interest and whoever is in is in the boiled frog syndrome and hoping for recovery in the SP IMO . the other concern given the capitulation in the SP is that in the event of recovery there will be significant overhang and resistance in the SP moving as many shareholders are likely to be under water - all only my opinion of course . Hopefully that recovery will come . Good luck
 
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