Post by
tamari on Sep 30, 2020 11:52am
Webinar today @ 1PM ET. Au just regained $1,900 handle!
Must have been a few factors coming together yesterday to produce that unjustifed selloff, followed by recovery. Agreed on the backdrop of general PM apathy Gamer007. Further, it could have been a mix of:
- Possible disappointment on hole TR20-01 east of the pit which did not intersect any alteration or mineralization (but may provide evidence of controlling structures?). It would have been nice to hit something there but wouldn't read too much into that.
- Misplaced expectations of high silver grades. That would not make sense b/c the historic USMX grades were similar to what was just announced. No surprise there, the value is in the Au rather than Ag.
-Stop losses may have been run. Nanocaps and stop losses are a dangerous combo unless you want to give shares away.
Ideally management will soon supply a date to drill the CRD targets (October?) and have some announcements on Cervantes. Cervantes really should see some action concurrent with Tombstone, to take full advantage of the PM advance.
~~~ Aztec will host a webinar to discuss the company's recent results and current drill program. The webinar will take place on Wednesday, Sept. 30, 2020, at 10 a.m. PT (1 p.m. ET). Management will be available to answer questions following the presentation.
https://stockhouse.com/news/press-releases/2020/09/29/re-transmission-aztec-receives-initial-rc-drill-results-from-tombstone-project