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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 retiredcfon Dec 01, 2023 10:38am
238 Views
Post# 35763335

JF Tardiff

JF TardiffI like JF who used to work with Peter Hodson who I also admire. As can be seen, AMC is his final pick. KNT is essentially now in a war zone so I wouldn't touch it with a 10 foot pole. And it's a crapshoot with Papau New Guinea regarding ORE. But for a long term investor, AMC looks pretty attractive and it's certainly cheap which might explain why the consensus analyst target is more than a triple from its current price ($7.30). So I just initiated a position. GLTA

Hot Picks: Why now might be a good time to buy gold 

Jean-Francois Tardif, founder and portfolio Manager at Timelo Investment Management, joins BNN Bloomberg with his three picks in mining. He says the gold sector could rally in 2024 after a dismal 2023, and he adds that stocks which see pressure toward year-end bounce back in January so now is a good time to buy. His picks are K92 Mining (KNT, TSX), Orezone Gold (ORE, TSX), and Arizona Metals (AMC, TSX). 

https://www.bnnbloomberg.ca/video/hot-picks-why-now-might-be-a-good-time-to-buy-gold~2818706

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