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.

TSXV:AZM - Post by User

Azimut Exploration Inc

Bullboard Posts

Post by Torlom2020on Jul 01, 2020 12:18pm

275 Views

Post# 31212396

Valuation of AZM? US$4-US$21!!!!!

Knowing that gold is trading these days at US$1,775/Oz, I could use easily $300/Oz in the ground.

Valuations Elmer Project only

70M shares outstanding

1M Oz x $300/Oz= $300M / shares outstanding= $4/share
5M Oz x $300/Oz= $1,5B / shares outstanding= $21/share

IMO, we are going to be very richly rewarded!

Bullboard Posts

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