RE:RE:AZM heading to 3...SPMT is about to explodeI see a few people touting DOS and SOI as "area plays".
These peoperties are ~10kms away from AZM's Elmer discovery.
Just have a look at this map that I've tried to attach. Why not just buy AZM?
Also, I like the comparison to Virginia Gold Mines, which is also in the James Bay region and was bought by Goldcorp in Dec 2005.
Virginia's initial results were not as good as AZM's. It was Virginia's 2nd set of results, released a month later, that were truely amazing. AZM hit some great results on all 7 of it's first holes and some of the sections look similar to Virginia's results in terms of width and grades. The next set of drill results will be telling.
The Goldcorp buyout for Virginia was @ ~$500+m (Goldcorp shares and a spinout).