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.
MRZ Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
