Yes! Azumah has been beaten (sold) down something terrible in recent times. 82c High last year to HALF that (almost).
We all know that Passport Capital and Norge Bank ( Norway's Central Bank) have been buying up millions of shares - See the Substantial Shareholder notifications.
The delay in the "BIG NEWS" - The AZM Feasibility study, is obviously having some effect on jittery shareholders and it appears that many have simply sold out, while others are taking the opportunity and are buying more shares - I guess that is why we have a stock market.
"BIG NEWS" and the disconnect between the Gold Price and Gold equities is something that must be considered when looking at AZM as an investment.
AZM has the BIG NEWS :-
* The drill results so far are Excellent, with grade and Width.
* AZM is cashed up to continue with its extensive drilling programme - delays in assay turn around only delays the release of News.
*The Resource upgrade and Feasibility Study is still the BIG NEWS - try not to overlook this in one's haste for instant SP gain.
Three / Four Months from now I will look back at the AZM share price and wonder why so many "dumped" this stock. ( which ever direction that SP takes --- hahaha )
Yes! Azumah has been beaten (sold) down something terrible in...
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