RE:Another upgrade-Scotia60606060…I admire your passion when it comes to Arizona Mining. I too am very enthusiastic about its’ future. As background, I have been in the stock since March 2016 and started accumulating at $0.49. I have made a sizeable profit to date and still have a substantial holding in my portfolio. Having said that, I caution you on two points:
1. Do not rely on what the analysts are projecting the stock to be at in a year. They are essentially useless other than giving you the general feeling that the stock will rise. As a matter of fact, I believe that their estimates are too conservative. The important things to note with Arizona are the increasing size of the ore body, which they still do not fully understand (a good thing), the world class management team and the experience and connections that the board and the management team bring to the table.
2. Be careful when reporting “potential upsides” and how you calculate them. Going from $3.32 to $5.00 is not an increase of 100+%. At this point, it is approximately 50%...but again, I believe that the target is much higher.
Please do not interpret the above as criticisms. They are only meant to share some of my past experiences in investing.
T99999