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Bullboard - Stock Discussion Forum 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... see more

TSXV:AZM - Post Discussion

Azimut Exploration Inc > Negative reaction vs interesting results
View:
Post by investhat on Nov 30, 2020 9:51pm

Negative reaction vs interesting results

Very promising results. Minimum 15 000 m. Of drilling in 2021. Wake up guys!! At least read the press release in details. I think lots of investors are over reacting to stock downside.
Comment by givemeabreak1 on Nov 30, 2020 11:43pm
invest I still do not mind the play lots of potential.  That said, take the blinders off and read the press release the drill results sucked compared to the initial discovery!  Still lots of promise!  
Comment by Goaweigh on Dec 01, 2020 12:35am
I have and the following line sums it up pretty well. " Of note, every hole drilled within this envelope intersected gold mineralization. " Most exploration plays are lucky if they hit gold in ANY hole so hitting gold in EVERY hole is pretty rare. And a new program starts in January whereas most plays wouldn't go back until June or July.  No question we will face some ...more  
Comment by Ratso07 on Dec 01, 2020 2:25am
This stock has been in a downtrend ever since it spiked to $3.27 at the end of June. At that time participants on this site had predicted a 10 million oz gold deposit and a stock price of $50 per share. On July 27th the second set of drill results were finally released, were below expectations and the share price slumped. By mid-August, the short term moving avarage fell below the long term moving ...more  
Comment by dandu1924 on Dec 01, 2020 5:05am
Typic pattern of gold exploration company, just an another example is SOI, same stuff,  $1.52 a fews years ago and now  at .135  with a lot of results, an another example Eastmain now Fury, not so winner  after the fusion and new company. Sorry but AZM sounds is going with the same way.
Comment by Paray99 on Dec 01, 2020 10:33am
  Frustrating, right? Hopefully, we will see a uptrend now with the gold in December. If not this year, then early in 2021.
Comment by BobMabena on Dec 01, 2020 4:36pm
I hear you,  for the love of all that is holy.......   The AZM website is terrible,  surely if they can drill 15000m they can at least spend a few thousand on a website that would better present the company.   
Comment by Goaweigh on Dec 01, 2020 11:46pm
I agree, it's a complete disaster . You fumble around forever looking for up to date info but it takes awhile looking through years of complete shite until you realize that there is some info on the right side of the page. For goodness sake spend a $ 1000 and get someone who knows what they're doing to clean this mess up.
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