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Arizona Metals Corp T.AMC

Alternate Symbol(s):  AZMCF

Arizona Metals Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of mineral resource properties in Arizona. The Company, through its wholly owned subsidiaries, owns 100% of the Kay Mine Project (the Kay Mine Project), located in Yavapai County, Arizona, United States, and 100% of the Sugarloaf Peak Gold Project (the Sugarloaf Peak Project) located in La Paz County, Arizona, United States. The Kay Mine Property in Yavapai County, which is located on a combination patented and BLM claims totaling 1,665 acres and 193 acres of private land. The Sugarloaf Peak Property, in La Paz County, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target. The Company also owns 100% of an Arizona State Land parcel totaling 40 acres (the Property), located 400 meters northeast of its Kay Mine property. Its wholly owned subsidiary is Croesus Gold USA Corp.


TSX:AMC - Post by User

Post by SPACEDOCon Aug 21, 2022 12:09pm
308 Views
Post# 34910022

Another month let's take stock

Another month let's take stock1). No true drill results that are game changers from Madison, Gooseberry or Tuscarora
2). The acquistion of Constantine will spread their war chest thin if they want to drill any more projects with no guarentee of success
3). Possible dilution to raise more capital to execute their plans
4). No strategic partners found for their other projects as of yet such as Red Hill or South Lida
5). The shares for Constantine constututes dilution and the market is not enamored yet with the deal

Time will tell But the man of many chins and the man who loves all drill holes needs to produce steak not sizzle. the awrad thye are up for means squat to the SP BTW
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