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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

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

Comment by Frank2015on May 25, 2021 10:16am
174 Views
Post# 33259354

RE:Pikwa

RE:PikwaChintzy, very good post! Well thought and structure! But I am afraid that this is whishful thinking. All the sign points to initial results that were not to the standard the company was looking for. The drilling plan this year is clear and it does not include Pikwa. From the corporate corporation, Elmer, Rex, Munischwan seem to be the priority. Not a word on Pikwa. 

My thoughts are that Pikwa results were not published because they are not spectacular and will be irrelevent in the value of the company if Elmer is a monster deposit -  notice that I am talking Elmer and not just Pawton - the short term value of Pikwa is as I said irrelevent, so that could justify that they bury it in their perspective. I don't appreciate it but I can see their point. Before last results we were on the fringe of a major drop if news were have been bad with shorters ready to pound on the share. In that view and because I am starting to believe that they have another financing in the cards soon, it could be logical  to bury Pikwa results and emphasize Elmer development. 

Elmer is the key to higher valuation short term. Especially the drilling being done on the extra-Pawton target. 

Keep your eyes on the ball...extra-Pawton is the key...also check what is the summer drilling plan for Elmer,... if there is a summer plan on Elmer... 


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