I consider the information they hide in small print to be the...

I consider the information they hide in small print to be the most essential:

“Note that the potential quantity and grade of the estimated geological potential (Exploration Target) is conceptual in nature. There has been insufficient exploration to estimate a mineral resource and it is uncertain whether future exploration will result in the definition of a mineral resource.”

They drilled a few dozen holes over 4% of the total claims, and it wasn’t enough to convince anyone that it would be a great place to experiment with clay mining. So they decided to drill 60 more holes over the same 4% area, which happens to be next to an Indian reservation, which caused a three-year delay in exploration approval. This makes sense, if you assume the other 96% of the claims are worthless. Or at least, drilling another 70 holes scattered over a wide area would be anything but inconclusive.

“The validity of the proposed exploration target will be tested in the next drilling program.”

Any value to AZL is in DLE, where they are trying to make a silk purse out of the Saskatchewan sow’s ear. Anyone who wants to speculate on Canadian brine can find other ways to do it that don’t involve the drain on resources represented by Big Sandy and the Tempe Palace. Which, as recently as late April the corporate blather was still unable to locate correctly in relation to the airport.