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

Comment by Ratso07on Jul 27, 2020 4:38pm

213 Views

Post# 31326816

RE:The Market Not Impressed

I agree. I was pleased to get my technical target of $2.80 - $3.00 so can"t complain. I see the stock closed at the long term moving average ($1.94) so it will be interesting to see if it holds. I'll bet the short sales increased today. The results were certainly below expectations. So much of the stock price was built on Elmer (it was 50 cents before the discovery was announced).

Bullboard Posts

Two micro-cap stocks with strong fundamentals