AZM
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0.00% 3.2¢ azumah resources limited

width & grade of gold intersections , page-9

  1. sentabool
    1,233 Posts.
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    08/09/10
    09:07
    Post #: 7169759
    I agree with SP in that whilst AZM results are encouraging - they are not yet in the same league as the likes of RedBack and Perseus.

    Overnight RedBack (TSX : RBI) announced multiple 100m width intersections of 2-3g/t. Perseus recent drill results included 40m to 100m intercepts of greater than 2g/t.

    AZM are in a much earlier exploration stage - so still may find greater widths of mineralisation - and the price will respond accordingly.

    Happy to hold - having entered at around 20c.

    sents

    AZM Price at posting: 61.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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