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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 thefareguruon Jan 10, 2011 10:46am
301 Views
Post# 17947843

RE: RE: PHIRANG was right.

RE: RE: PHIRANG was right.His advice in combination with the chart which had advanced very fast on very little volume, no news, plus the fact that hitting an all-time high right at the end of the year made it look like a ploy to create a high all-time high all indicated that there was more reason to lighten up than to hold.
I would rather have gone back in on a stop-buy over $8 and lost the upward increment than have it all and be losing over 20%.
As for how much I own, you show me yours first and then we can talk.
I'm looking for a re-entry point and indeed, the 6.13 bottom this morning may have been enough to satisfy the chart on the downside.
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