Arizona Gold & Silver Inc V.AZS

RE:RE:RE:Chart

[99942Apophis]

winr88 wrote:  Hi 99942Apophis

Interesting, you made a very interesting and optimistic prediction with your Elliot Wave charting theory. I am posting another valuation theory that I have detailed in the following sentences. 
The market will value AZS based on several factors. The grade is only one factor, but the amount of gold in the ground is the primary source of valuation along with cut off grade and actual grade. When a 43-101 is performed the best result is a proven and probable resource estimate. inferred is the weakest estimate and measured and indicated also good but not like Proven & Probable. Some other factors are.... Is the location in a politically stable jurisdiction that supports mining? Location also means infrastructure as in availability of water, transportation, supplies, electrical power, labor force and very importantly how far away is milling and extraction? Then, how clean is the resource as in how easy is gold and silver extracted from the ore? How easy is the ore to be transported to a mill? Lastly, what is the spot price of gold. 10 years ago the average buyout price was averaging about $90/oz Au in the ground based on approximately $1300 oz gold. Today gold has doubled to $2600 oz gold plus. My opinion is Arizona Gold and Silver check all the above boxes positively and has the potential to be a very very attractive buyout target if oz Au in the ground becomes a multi-million oz deposit. I don't want to predict a future share price but it certainly is going to rise if drill results continue as predicted.  

 

Fascinating winr88, I'm more attentive to a 43-101 valuation however as you well know charting is only a "tool" and combines a foreseeable actual value along with an emotional value of a resource or product. The crazy thing about charting is that it does have a stronger affect on share price due to the emotional factor which is shown in a higher EPS ratio in usually a young startup such as AZS. A friend of mine once said EPS ratio in companies is similar to the IQ rating in people the higher it is the more attention it or they get and of course more money.