Azimut Exploration Inc V.AZM

Alternate Symbol(s): AZMTF

Metals & Mining Industrial Metals & Minerals

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.

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Azimut Exploration Inc

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Post by redbarchettaon Feb 19, 2020 8:29am

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Post# 30707200

Who is the strategic investor???

John Tognetti has been long AZM for the last 10 years, with I belive a 10% stake in the company.
Did JML cut another deal with John for him to up his position? Would this explain Haywood hitting the bids yesterday, shoring up their investment?
Remember that thhe purpose of FT shares is to award the buyer (retail) with tax credits, so for everyone postulating that they cut a deal with SOQUEM, this doesn't hold water.
GLTA, showing $1.51 in premarket at the moment.

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