AJX definitely nearing over sold territory. One of those few...

  1. 2,796 Posts.
    AJX definitely nearing over sold territory. One of those few quality companies with solid revenue growth and a story thats almost certain to continue evolving.

    @TraderGT, if you think gold is going to bunt in the near future, it's definitely worth looking at silver which will of course bunt even harder. One of my favourite stocks AZS just announced further ultra-high grade soil sampling results:

    azs.png
    1,902 g/t silver is roughly 25 g/t AuEq, so bloody nice hits. This a new area directly adjacent to their high grade, at surface silver deposit where resource definition drilling has just been completed (we are awaiting the last batch of assays).

    Looks like the whole area is highly mineralised (all at surface). Sprott and Mark Creasy (SIR fame) both major shareholders so obviously see something there. Potential for a huge high grade, at surface deposit in the making here.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.