AZL 5.56% 1.9¢ arizona lithium limited

Rmoney,If what you say is correct and this is another MRK from...

  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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