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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 Nov 28, 2023 1:49pm
244 Views
Post# 35756780

More PG on Arizona with some interpretation

More PG on Arizona with some interpretationI believe, and I have not talked to PG in many a moon, he is saying he first wanted an IR department to promote the company BUT also wanted the drilling to be far more robust than is planned over the next year or so. He got the former in some form. He then hypothesizes that we may be bought out because of this at a low price. He implies in his estimation that the buyout would be around $4.50-$5.00 US, which willl please newbies but make long term holders leave much on the table from what could have and should have been the ultimate outcome. I welcome any other opinions of below
As previously noted:
twitter.com/PeterGrandich/ twitter.com/PeterGrandich/ twitter.com/PeterGrandich/ remains in the doghouse despite awesome exploration results but less than stellar decision-making in some key areas as previously noted (and I'm doing my best to put it nicely). The concerns I expressed over several months unfortunately won out over the drill bit but we're just too darn cheap no matter what. Biggest fear now is a bid that could get us even, but be a steal for the bidder. No overnight solution so please, direct all your concerns, grief, etc, to the company as I grieve with you. P.S. I know it's especially frustrating given being so right on the metals direction. But don't lose sight that it does make the company assets more valuable, even if we don't have priceless jockeys.
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