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Azucar Minerals Ltd T.AMZ


Primary Symbol: V.AMZ Alternate Symbol(s):  AXDDF

Azucar Minerals Ltd. is a Canada-based mineral exploration and development company. The Company is engaged in acquisition and exploration of mineral resource properties in Mexico and acquisition of property and equipment in Canada. The Company is focused on exploration of the El Cobre project in Veracruz, Mexico. The El Cobre Property claim block covers approximately 11,860 hectares, which contains copper-gold porphyry mineralization over a strike length of at least four kilometers (km). The property is located adjacent to the Gulf of Mexico approximately 75 km northwest of the city of Veracruz in the state of Veracruz, Mexico. The Company has discovered five copper-gold porphyry zones within the property along an approximately four to five km trend, stretching from Norte down to Encinal in the southeast. The El Cobre Project is consistent with the porphyry copper-gold-silver-molybdenum (Cu-Au+/-Ag+/-Mo) deposit model.


TSXV:AMZ - Post by User

Post by Franjo11on Mar 15, 2010 11:46am
524 Views
Post# 16883335

Reverse split?

Reverse split?I predicted before the issue of 26M shares to LEO for full ownership, but I also said they should do a reverse split if they want to build shareholders value... at least 5-for-1 if not more.  They need to get daytraders out of this thing if they want it to move up and stay up.  Right now there are always sellers, it's easy to flip your shares.  It's always a sell on any news.  So, management, do us all a favor and announce a reverse split.  Make the number of shares manageable, so that real investors who believe in this project feel better about the value of their shares.
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