AZM 0.00% 3.2¢ azumah resources limited

width & grade of gold intersections

  1. 24,765 Posts.
    I have been following AZM with interest for quite some time.

    From what I can see most here are I assume bullish about the width and grade of AZM's gold intersections.

    I've been looking for highlighted intersections in AZM reports of 20 metres, 50 metres and 100 metres without much success.

    For example, I was not overly impressed by some of the widest intersections from the 30th. August report such as:

    12 metres at 1.17 g/t from 64 metres (p2)
    13 metres at 1.44 g/t from 101 metres (p2)

    A close look at pages 6 to 12 didn't overly impress me either. Such as Table 3 on p10. Nine of the 14 drilling results were below 1 g/t. Four were below 2 g/t. The other a small 4 metres at 4.62 g/t.

    Anyway, what would I know by examining a company's drilling results?

    We all know you make money when a share rises in price and lose money when it falls in price. And at present AZM has been strongly rising in price so everyone are winners.
 
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