AZS 0.00% $3.69 azure minerals limited

put both geezer and bmw540 on ignore

  1. 11,126 Posts.
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    Lets improve this thread by putting both geezer and bmw540 on ignore. Then we can get back to having some useful discussion here.

    These two are simply wasting our time (probably not their own as they are just rampers who trade on price movements, both up and down). In any case their posts are very uninformative so basing an investment decision on what they have to say is likely to prove a major health hazard to once wealth.

    AZS is a new listing on Fat Prophets recommended list of buys (at 12 cents per share).

    AZS has a new MD who has had major success in finding nickel in WA for JBM. AZS seem to be in the right area in Mexico for finding gold/silver etc, have some useful connections and a recent positive drilling results report, so it may be worthwile to buy some AZS in case it really does find a major resource/s.

    AZS had a major run last week when bigger investors decided to take a longer term perspective. They are probably confident they can sell out above their entry price if things do not progress to their satisfaction. Big players are far better informed so they tend to get out earlier. There is no point in smaller players running the share price up to BDG levels and then being left with shares that have little support.

    Hence, at this stage AZS is just another mineral exploration company, but they seem to have better managment and some prospects and are worthy of some support.

    I do not hold any AZS, but may do so in the future.

    DYOR



 
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Currently unlisted public company.

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