Millions didnt cross at lows so use 3 cents for a guideline Gry...

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furniture

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16/08/16

18:04

Post #: 18531730
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Originally posted by danis1977 ↑

It is up 165% over a one year period, I would be pretty happy with that on a yearly basis
My current approach is looking for gold stocks with decent resources that haven't already had the big re-rate, from the research I have done there isn't many quality ones left that are looking cheap.
I think we will see a natural progression from investors looking first to gold producers then to advanced developers when producers start to appear fully valued.
The stock price hasn't done a lot since March, so I can understand your sentiment Furniture.
The chart looks pretty good to me, clear uptrend since last September. I see the recent under performance as an opportunity for a decent re-rate in the near future.
I think this stock is relatively unknown compared to a lot of the other gold stocks at the moment, I only came across it doing research on goldnerds.
AQQ ( gold developer) was in a similar situation recently, languishing around 2.3 cents with very little interest around 3 weeks ago, it closed at 3.8 cents today after being up as high as 4.5 cents yesterday. The situation can change quickly , and that's without news.

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Millions didnt cross at lows so use 3 cents for a guideline
Gry 6cents to 30cents
Rms 6cents to 60 cents
List goes on ...anyway if it does not move by december l am cutting it
So it will probably run after l do so
Also look at the 5 year chart on most gold stocks to even get a clearer picture
165

AZM Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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Millions didnt cross at lows so use 3 cents for a guideline Gry...

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