Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Azteca Gold Corp V.AZG

Gold and silver exploration


TSXV:AZG - Post by User

Bullboard Posts
Post by Libertygon Jun 14, 2009 10:25am
308 Views
Post# 16069083

Value

ValueFWIW. David Morgan in his April write up of Azteca stated if AZG hits good grades at hole 006 then a  $1.00 stock price in a reasonable amount of time would not surprise him. Also this write up was before any mention of high grade silver as we have heard from David Bond. His belief is 10% of the in ground value. He had stated a potential $5.00 plus dollar value and over 2 billion market cap based on 15' of high grade as in hole five for the zinc and lead continuous through hole 006. But remember they actually reported 37 feet of 18% Zinc, so Morgan is being very conservative, if this proved to be a continuous deposit between holes. Again this was early April. So you can imagine what kind of proection a conservative guy like Morgan may have if we get some nice silver grades out of 005, and 006 as Bond states. $1.00 most likely would be destroyed quickly on massive silver at both holes. And for fun on a excellent release of massive silver plus the swarm of analyst's about the see the core and discovery, multiple dollars would not be a stretch. Don't forget even hitting the Zinc and Lead, with some silver and copper comparable to hole 005 would still be a huge boost to the resource potential.

Enjoy the  fireworks we may have a special one here, speculatively speaking of course.
Bullboard Posts