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Azteca Gold Corp V.AZG

Gold and silver exploration


TSXV:AZG - Post by User

Bullboard Posts
Post by gefiehleron Nov 09, 2009 5:04pm
507 Views
Post# 16468800

Return of the...."Massives"?.......

Return of the...."Massives"?..........OK...let's assume the Gravilog report indicates another mysterious,  "massive ore body" or some such anomaly there on the property. The "Blip", as it's known.  Biggest ever recorded.  Making a huge leap of faith here, and assuming there IS such an animal below TwoMile, what next?  Does anyone expect the SP to quickly rocket way up, given all the stuff we have been through in the last few months? ASC, TSX, QP issues, core-logging, etc., etc.  The reality is, that It will take some real cores, real assays, real cash reserves, to get any real movement in SP. The damage done to AZG, just in the PR area, is devastating enough, let alone not having the proven-up goods to sustain their marketability and investor base.
   For example, U.S. Silver has documented silver resources on their 11,000 acre site of around 45M oz., maybe more, and a working, producing mine, yet SP is around 0.17.  The whole TwoMile parcel is only 23 acres, notwithstanding the newly aquired, "Project Orange" claims.  So there is only so much area that can be explored, developed, or mined, regardless of what the Gravilog "finds".  As so many posters have made known here; there are still too many unanswered questions;
A)  We have 005, and it is a known quantity.  Just how expansive, or large the deposit is, will require more exploration and site work.  What is the cost for further site work?...
B)  Cash reserves are on the weak side, and just how far the Co. can go without RSA's owed-money is unknown.
C)  Any so-called big investors or buyers who were rumored to be secretly picking up shares, where are they now?  Did they sell?...did they ever exist?....
D)  What happened to the "University study group"?...did they lose interest, or was it not  "plate tectonic" enough?....
E)  Where is Ruen's crew?...are they still on site?...in light of the "deal" they got a while back?... 
F)  Is there a reverse split coming?...
G)  Will there be some word on RSA, and their real function?...can they help absorb some of the dilution?...

   Maybe these are questions are not revelant, and do not merit any response.  I can admit I am just a lite-weight investor who bought in too heavy, but think of those who shelled-out the family farm on this... those who are still bleeding from this thing, they do deserve some explanantion.  Let's see if this upcoming "PR" comes close to answering anything at all...good luck all...we will need it.  Let's see if  "it lives"....I could use a little boost, myself.
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