I've held this stock since August 05. Firstly I'm no expert but here is my rationale for continuing to hold long term.
1) Aztec possess high quality iron ore.
2) Ian led Portman successfully.
3) Ian has stated Koolan is only the beginning.
I think the strategy is just to develop Koolan and once that's in full motion then begin further exploration.
I'm in for the long haul.