RE:RE:RE:RE:RE:RE:RE:Still creeping upward Thanks to
dar76124 and hermes on the financing timing. I got very very lucky and entered recently at .125
If you go back in time and look at where it's been around 2017..around 1.30 and you look at where the price of Copper and Gold are today, the first glance valuation gap is gigantic from here. I have notes that there are 3.3M warrants @1.41 which is close to where the price could be. I haven't followed the drilling history from then to now but generally the price of Copper and Gold declined and so goes this type of stock.
I also own HL.V which is a gold drill play off of a Brent Cook best pick for 2020 and best drill results for 2019 PDAC and they did a PP @1.73 which was increased from 8M to 12M $CAD this month and now the price is 2.35. I thought that the PP would hold down the share price but I was wrong. But my point is that when the underlying metals are moving, so does the financing and share price of something like AMZ.
So come the spring, I'll be looking for AMZ to do a financing but eyeballs on the price of Copper and Gold and it's momentum will be a key factor.
Thanks again, and am interested in your insights to their historic drilling and how much it was a factor in the share price. As the metals prices go up, so does the viability of drill results.