Where are we heading on this one..., page-2

No matter what the fundamentals, whenever price runs from 0.008 to 2.8c (250%) in just two trading days, it is very highly likely there will be profit-taking and price will correct. This is normal price action. Once short term traders are out/stopped out, let a new higher base form and then highly likely price will move upwards in anticipation of good drilling results.

And to be clear, the RIO JV is excellent news. As someone else has already said, if RIO deems it fit to expend the entire $60m that will be because of great drilling results and we will all do very very well in that case. With all 500 juniors invited to make submissions to RIO, it says a lot that AZY is one of the first to receive funding.