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Azucar Minerals Ltd T.AMZ


Primary Symbol: V.AMZ Alternate Symbol(s):  AXDDF

Azucar Minerals Ltd. is a Canada-based mineral exploration and development company. The Company is engaged in acquisition and exploration of mineral resource properties in Mexico and acquisition of property and equipment in Canada. The Company is focused on exploration of the El Cobre project in Veracruz, Mexico. The El Cobre Property claim block covers approximately 11,860 hectares, which contains copper-gold porphyry mineralization over a strike length of at least four kilometers (km). The property is located adjacent to the Gulf of Mexico approximately 75 km northwest of the city of Veracruz in the state of Veracruz, Mexico. The Company has discovered five copper-gold porphyry zones within the property along an approximately four to five km trend, stretching from Norte down to Encinal in the southeast. The El Cobre Project is consistent with the porphyry copper-gold-silver-molybdenum (Cu-Au+/-Ag+/-Mo) deposit model.


TSXV:AMZ - Post by User

Comment by CLLISNOGOODon Dec 30, 2009 3:45pm
324 Views
Post# 16627147

RE: RE: RE: RE: RE: Anonymous selling in Dec...not

RE: RE: RE: RE: RE: Anonymous selling in Dec...notYou are correct, I subscribe to the old school.  However, it has served me well.  While I missed some major moves - in particular during the dot com years when valuations moved to the lunacy stage (which, by the way was the new norm for the 21st centuray if I recall), I also have managed to avoid any significant losses.  Perhaps you are correct, but I don't believe for a minute that this is a concept being applied to all, or even a meaningful percentage of funds at this time.  Also, when applying this philosophy, at which point do you book profits?  There was plenty of time to accumulate AMZ under $.20 cents.  That's a 1000% gain.  Surely you must subscribe to protecting your gains if you are a fund manager in December who's destroying the DOW averages, no?
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