AZL 5.56% 1.9¢ arizona lithium limited

confirmation of shares, page-14

  1. 240 Posts.
    Rmoney,

    If what you say is correct and this is another MRK from memory the stock opened at 3.2c and in the space of 3 weeks ran to a high of 8.0c thats a 150% return if you brought on day 1 and sold again in three weeks times!

    So i think if thats the case then surely picking a few up now at 2.2-2.5 would be a bargain, obviously re-con stocks are high risk but then again 150% is high return.

    I'm not going to put the house on it but i'll definitely get a few for a punt and who knows it could end up like DYL which was re-con'd at 1c in late 2004 very similar to ZYL and then the board found a good uranium project that didn't set the world on fire straight away but in early 2007 it hit a high of 70c even now at 23.5c if you had brought in on day 1 at 2c you'd still be laughing all the way to the bank.

    Everything really hinges on the quality of the project/business they put into it?

    Just MHO DYOR

    PD
 
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Last
1.9¢
Change
0.001(5.56%)
Mkt cap ! $85.00M
Open High Low Value Volume
1.8¢ 1.9¢ 1.7¢ $110.8K 6.168M

Buyers (Bids)

No. Vol. Price($)
1 17306 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 2495978 16
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