GREY:ALXDF - Post by User
Comment by
goldhunter11on Apr 06, 2017 1:16pm
105 Views
Post# 26086794
RE:Received an email asking about AZX reports
RE:Received an email asking about AZX reportsstatesiide,
Thanks for the link to the report.
Are you the real person behind this Stateside Report ( Vince "Stateside" Marcianno)?
I noted that this reported was written in 2012, and that it's a well-written report, in a sense that things are brought together in one place for investors to peruse.
It would seem to me that it's a good time (with the "new" BoD in place) for an update. Perhaps, you could approach AZX chairman of the BoD (Gundy) to get this job done for them.
You mentioned, the West Zone that AZX sold to AEM was the best one (at that time). This deposit seems to be in one lump and near surface, and they let it go to AEM for a song ($5M). But, that small companies would have to do in a downturn., while large companies know how to cherry pick.
Agree that Orenada Zone 4 could be much better. But they need to put a timeline (max 1 yr, preferrably 6 months) for an updated RE (last one was some 7 years ago...little urgency and too much enertia, it would seem, from an apparent "entrenched" management). Hope an outsider with a larger vision/ambition like Gundy could energize the heavy wheel.
GH