I didn't hold at the time to qualify for the SPP ... bought a parcel @ 4 cents and bought yesterday and today on the strength of the copper hit. I don't understand the selling.
The timeline that Haplo put up has the $5m milestone by Sept [probably about right].... which means AZS will notify Teck and then there will be perhaps a 3 month window at most before we know which way they decide.
On the latest results ... looking at the gold in the oxide [so far] ... my back of the envelope comes up with about 200,000 ozs @ an overall average of 1.9g/t AU.. so the overburden to get to a porphyry which might be underneath will more than pay for itself to be removed.
It all looks like upside to me with about a 6 month wait involved ...
AZS Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held