AZS Rock of the day ?
Never seen anything quite like this
Was halted then released 1 drill hole
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Ouch
It clearly shows never commit too much capital too one particular exploration stock
Indeed. The results were not good for Silver as below so I guess this was the reaction. They are now going to test for gold.
The hole intersected strong magnetite and hematite bearing zones with strong silicification across the detachment fault separating Tertiary volcanics from older metasediments, but only weak silver mineralization in the interval 790 feet (232 metres) to the end of the hole at 905 feet 290 metres), containing between 0.5-3 gpt Ag throughout the interval. The rest of the hole contained no silver.
seems very strange that they news released earlier that the cores showed some sort of shiny stuff, and now release news of just one hole tested thus far and the shiny stuff was not silver. Could very well be the chart of the year.
Buy the rumor …sell the news?
Yes indeed. Buy rumor and sell news.
BUT there are three holes assays are still being evaluated.
I am buyer here tomorrow after hearing from SPock from ground. Or should have bot before closing. It may open 40% high tomorrow.
What a ride, 6 bagger in 5 weeks, then the elevator back to ground floor.
Did you hear from Spock anything not printed on Spock site?
I do not believe it will open higher anytime soon, market needs time to adjust and Management will have to convince investors the story is still solid. This is a process that takes weeks to months, and after that share price could be 40/50% higher.
Agree Alex. 100%. This cant be a mistake, I mean…what are we to think. They have 4 holes and they know the results of the 4 holes …..so they release the one with Not much Silver first . Then buy their shares at 80% off before they release the 3 blockbuster holes …Is it any wonder Most Normal folks stay away from these PM Explorers. It is and has always been the Wild Wild West…since long before BreX. Lets face it tenters …most of us are hoplessly addicted to these Rocks…We pile em so high that sometimes the fall and bury us.
Well at least its not boring. I bet no one ever got Altzheimers playing the Rocks.
I was speaking with a German investor friend of mine on Monday at the just completed Vancouver Metal Writers conference. As soon as he saw me, he asked if I had gotten into Arizona Silver. Just then, AZS CEO Greg Hahn walks over, joking about not being able to get a friend 100k shares recently. He jokingly asked my investor friend if he would part with 100k of his shares who then immediately replied “no way!” Betcha he can get them now! Lucky thing the dry hole was not released a day before or he would have had to deal with many angry shareholders in person! Come to think of it, maybe it was not luck, although he sure had a great poker face if he knew about the hole at the show. I was also speaking with Hahn at a reception the night before, who I very much enjoyed speaking with. He is a very likable guy. He was worried about Kaiser being too hyperbolic about it at the show. Turns out, for good reason. Charts like this are not good for the sector.