AZM/Jean-Marc Lulin has been presenting in Canada over the past several weeks. A presentation he gave on 9th June is on the AZM website.
Observations
- 3 pages devoted to Wapatik
- Drilling complete - assays pending
- Wapatik appears to have been elevated as AZM's second priority behind their 100% Elmer discovery despite AZM ending up with 30% of Wapatik
- AZM would have a very good indication of results from drill core visuals given massive/semi- massive suphildes are easy to identify
Further, AZM/Jean-Marc Lulin gave another presentation in Canada overnight. See Vid Conferences website. Should be able to register to view presentation if interested.
Observations
- Similar presentation
- Spoke for 2.5 minutes on Waptik - exploration history - looking for massive/semi-massive sulphides
- Drilling complete - assays pending - results soon
- JML never smiles however, when started talking re Wapatik - smiled broadly!!!
My take
- AZM will only end up with 30% of Wapatik - why continue to promote if drill results poor/average?
- AZM would clearly know the extent/metreage of any massive/semi-massive sulphides in drill core - just not actual grade. Fact they are promoting is a great sign
- AZM appear to view Wapatik as their second priority behind Elmer. This would not be the case if results where likely to underwhelm given they have over 30 other projects
- Based on above good chance exciting drill results are pending
Just my take so please DYOR.
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