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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 > Any comparables out there?
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Post by Phil001 on Jul 08, 2021 6:21pm

Any comparables out there?

I'm what they call a rookie invester and know even less about gold.. I'm in long, and plan on holding.. Are there any comparable companies out there that we "could" be compared too? I'm not asking for today's assessment, but someone like GBR when they were building capacity and exploring are we in the same boat in terms of assay results? Thanks and stay long!!
Comment by BILLMINER on Jul 08, 2021 8:51pm
Results thus far are comparable to numerous companies that have seen their market cap increase to 500 million plus due to exploration success at a singular deposit.  Of course outlining a deposit takes a lot of drilling. Patience will pay off with azm and it’s Patwon zone. Azm has so much potential in terms of finding additional deposits. Patwon alone could prove up a market cap of 200 ...more  
Comment by idleintruder on Jul 09, 2021 6:26am
Re: comparables.   I recall the Mr. Lulin gave two in his recent presentation--both way over 2 million ounces.    Goldex, Quebec: 450m x 1.8 km; 4.3 Moz; Rory's Knoll, Guyana: 190m X 2.6 km, 6.27Moz. So Mr Market may rerate the stock way above a 2 Moz deposit if drill results continue great at depth, and espec. if AZM discovers one or more nearby deposits at Elmer.  ...more  
Comment by Phil001 on Jul 09, 2021 7:33am
Thanks Guys.. the word incalculable is making my eyes pop out! Thats pretty exciting news. Reading Rex (aka T-rex), its looking like it could be the monster that brings this to the moon.. holding long.. glta
Comment by Frank2015 on Jul 09, 2021 12:05pm
Idle and Bill, You have a good reading on things... and any discovery outside the Pawton changes this from a potential 4-6 millions oz deposit to something with a much much higher ceiling...a gold district and not just a deposit...the June 28 press release seem to be a hint of that, an indication that you should look at the whole picture and not just Pawton: 60 km of a promising greenstone belt ...more  
Comment by idleintruder on Jul 09, 2021 1:09pm
Frank, An ancient Chinese sage urged his student to listen--not with just his ears--but with his whole body.  I listen to Mr. Lulin and all I hear is the joy of discovery.  It's enough for me.  I'm grateful; patient, confident.
Comment by Frank2015 on Jul 09, 2021 1:39pm
Good man!
Comment by BILLMINER on Jul 09, 2021 2:22pm
Thxs Frank. 35 yrs in the exploration field myself.  Info for all invested here, labs are backed way way back . I called about some of my samples yesterday in Dryden at actllabs. I asked if they where busy and they laughed.  Crazy .  A sign that lots of exploration is being carried out across this country which is good. 
Comment by Thunderstruck20 on Jul 11, 2021 8:09am
Hi Phil, Here's the slide from the June 10 presentation regarding comparables
Comment by Thunderstruck20 on Jul 11, 2021 8:11am
Sorry, it didn't work.
Comment by Phil001 on Jul 11, 2021 4:06pm
No problem pal. Appreciate the effort. It's all good regardless. I have tons of hopes for this company. I'm not going anywhere anytime soon..