AZS 0.00% $3.69 azure minerals limited

I didn't hold at the time to qualify for the SPP ... bought a...

  1. 7,557 Posts.
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    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 ...
 
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