77,
G'day, i thought i'd post so you dont feel so lonely! there there fella :)
Agreed, drilling should guarantee a resource upgrade and new resources at newly acquired tenements.
re buyer at close - perhaps we are seeing someone with cash who is looking to ensure recent positive sentiment remains, and will remain to the point where these drill results arrive. ie, creating a new base around 16c+, instead of seeing the sentiment and price slide back to 10-12c. I imagine that if this theory works, 20c+ is a realistic chance come christmas time.
it is hard for these illiquid stocks to maintain their price over the months btw drilling results. But lets hope external forces, (such as Au price rising) keep interest in AZM, because i am sure this drilling campaign will provide some handsome results.
cheers,
Split
- Forums
- ASX - By Stock
- AZM
- buyer at close
buyer at close, page-2
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)