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Bullboard - Stock Discussion Forum Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande... see more

TSXV:AZM - Post Discussion

Azimut Exploration Inc > Next resistance is $1.86, but it shouldn't hold for too long
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Post by electriqueman on May 31, 2021 9:20pm

Next resistance is $1.86, but it shouldn't hold for too long

Just like KTR (Kintavar; my other flagship company), clearly there is something going on with AZM as well...
Based on the steadily increasing transaction volume in the last few weeks, I believe we will soon see another round of drilling results on ELMER.  If it's anything like the last few then wow! This will confirm a lot of things about the very promising mineralization.
 
Drilling is continuing on Elmer I believe but I can't remember when it is estimated to finish but we will have results coming in all summer.
 
It remains to be seen how low this gold deposit will go but it's looking very good already.
 
Also, we are slowly but surely heading towards $2-3.
 
Next resistance is $1.86, but it shouldn't hold for too long.
 
Good for us.
 
 
 
 
Comment by electriqueman on Jun 02, 2021 11:04pm
Clairement, AZM n'a pas niaiser sur sa resistance de 1,86$. AZM s'en va directemnt vers sa prochaine resistance a 2,50$ et si les resultats sont aussi bons que AZM semble le dire alors AZM va briser son record historique bientot selon moi. En tout cas,  c'est le genre de graphique que tu veux voir en analyse technique. Bonne chance a tous et enjoy the ride
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