I like everything you said, except for the 9c bit.
Hoping for at least 20c, and if I am honest, let's say a dollar.
Doug Casey has had several 100 baggers in his career, and even a 1,000 bagger, so it is not without a precedent.
Let's consider the sort of world we need to have for something like this to happen:
First of all, we need a financial crisis to usher in a realisation for the masses that everybody needs a little bit of gold (and silver), as everything else is just not as good as gold.
Secondly, AZY needs to hit a couple of more motherloads, and get to mining the Minyari dome.... or get to mining Minyari first, and then hit a few more motherloads.
And thirdly, Gold price needs to continue with the bull market. Gold is about to start on phase 2 in this bull market, after the false move down over the next 2 months, probably making a low in October 2024. USD3,000 an ounce is imminent thereafter, as well as higher prices of 4 and 5k over the next few years.
Some will call this wishful thinking, or accuse me of delirium. Not so, dear friends and LTSH's of AZY. We'll talk about this in few years, and reminisce how difficult it was to keep buying AZY at 1.2c while it stayed stagnant.
Wishing all good health, so that we actually see this come true... while we are alive.
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $111.2M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $155.8K | 7.070M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1459890 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1751715 | 5 |
View Market Depth
No. | Vol. | Price($) |
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5 | 1459890 | 0.021 |
12 | 1877000 | 0.020 |
5 | 3525000 | 0.019 |
9 | 2560121 | 0.018 |
5 | 1403235 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1751715 | 5 |
0.024 | 1913052 | 7 |
0.025 | 973769 | 3 |
0.026 | 1260509 | 2 |
0.027 | 1528416 | 4 |
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