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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 > Breakdown and lack of news
View:
Post by MoonWatcher on Mar 18, 2022 11:20am

Breakdown and lack of news

Are we going to see .90 again, those conferences they are doing certainly are not enticing any interest to buy. Was hoping for something out of Rex by now, they were not even very deep holes.
Comment by redbarchetta on Mar 18, 2022 11:45am
Pathetic share price performance for an explorer in a gold bull market, with approx 2m ounces of gold. Market taking show me the money approach - and quit hiding results. Many losing patience with AZM.  Sadly, .90 -.95 may be baked in the cards... I grade them a D on sharepromotion, i.e., no Canadian or US exposure, it's like they see the markets throught their navel (QC) & only ...more  
Comment by MoonWatcher on Mar 18, 2022 12:08pm
My guess is they don't have anything of substance on those 10 targets outside of patwon, hence the 214 RC holes and back to sampling. The early two or three or more patwons on elmer talk are starting to bite them back if they don't show the goods. The resource estimate they hope to compile is useless unless they can get another zone nearby.
Comment by glory7 on Mar 18, 2022 12:12pm
I think Paradigm with the last financing at 2.45$ hopefully know more than us?, with no selling.
Comment by Frank2015 on Mar 18, 2022 2:12pm
Moonwatecher, you are right on the target...same with rex...nothing good either...
Comment by Frank2015 on Mar 18, 2022 2:38pm
RED, we all did...I doubt they have 2 millions onces at Patwon...It is starting to look more of Eleonore south...I suspect Glenn Mullan taking over the board is a sign that many were disappointed...new hypothesis is swampy land is the key but is it just talk or they truly believe it...if they do believe, they will drill massively the new zone while it is frozen and not wait next winter...if they ...more  
Comment by redbarchetta on Mar 26, 2022 8:36pm
Hey Frank, i appreciate your feedback.  Hope and a prayer at this point... I just don't think the silence or lack of news breeds much confidence in management. They may have patient institutional investors that back and belive in them for the long term, but I just don't see the respect to shareholders that I'd like, and I'm not intentionally crapping on  AZM; i can ...more  
Comment by Frank2015 on Mar 29, 2022 12:51pm
Red, The whole sector is dead...market risk, labs (to a point), not enough real discovery makes for bored investors in a sector where we come for some action. JML and is team don't seem to understand what small investors need to receive as info. We are at a crossroad for Elmer. They will probably not communicate it directly as usual. We will know that Elmer as failed when they start promoting ...more  
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