Azimut Exploration Inc V.AZM

Interesting company

[tictactoe111]

I've just picked up a small position in Azimut, mainly so it's on my watch radar and for further investigation. I like the shotgun approach of the prospect generator model and more importantly you tend not to get diluted into oblivion as most are pretty much self funding. Looks as though it should be throwing out plenty of newsflow for this year also.

A good sign on another prospect generator for comparison

https://stockhouse.com/companies/insiders?symbol=v.mrz

https://stockhouse.com/companies/insiders?symbol=v.azm

Talk, especially in the exploration sector, is cheap. I always like to see insiders put their money where their mouth is.

[Specific]

How is the current cash position? .... is  a pp in the cards near term

[Thunderstruck20]

From what I learned, there will be one within 3 months.

[Nak1964]

According to their june 2 corporate presentation on their website, they seem to have six millions ...plus 4 millions for Rex from their partner Soquem...they should have enough for their next campaingn on Elmer starting in September...20 000 meter of new drilling: 13000 m on Pawton and 7000 outside Pawton...it's all on the presentation...also they want to test up to 800 m My understanding