$US has gone nuts because of Trump's promise to spend big on infrastructure [on credit], gold has been slammed and the Dow has disconnected from the fundamentals ... it's short term mania....it is not going to last folks.
* If Rio makes a bid for AZS the SP is going to go berserk ... the chance that RIO is going to make that offer is slim [imo] unless their drilling has already confirmed a massive porphyry what we will see instead are the results and their decision on further commitment
*Teck decision in 4 weeks... whichever way it goes AZS is looking good.
* MDP upgrade on the way ...
* initial JORC for Loma Bonita on the way
In a period of uncertainty one holder is selling [according to thunder54 they have been selling for a long time] and the market is not absorbing the selling at the long term SP. OH dear ... the sky is falling.
AZS Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held