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Bullboard - Stock Discussion Forum Azarga Metals Corp V.AZR

Alternate Symbol(s):  EUUNF

Azarga Metals Corp. is a Canada-based mineral exploration and development company. The Company owns 100% of the Marg Copper rich VMS project, with significant gold and silver credits, located in Central Yukon, Canada. Its Marg Project is an undeveloped volcanogenic massive sulphide (VMS) deposit located in the Mayo Mining District in the Central Yukon, approximately 40 kilometres east of Keno... see more

TSXV:AZR - Post Discussion

Azarga Metals Corp > Sharegar
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Post by RHertig on Aug 11, 2021 2:44am

Sharegar

What do you think of the new project in the Yukon? I am kind of baffled. We need money to aggressively drill our existing project. No way we get out of this without massive dilution. The old PEA was a 16% return. Metal prices are higher so it might be a good deal. I guess if Baker signs off something makes sense.
Comment by Sharegar777 on Sep 05, 2021 10:23am
RHertig,  Sorry I took so long to reply. In all honesty, I have not really took time to properly assess this Yukon asset yet. I did like the grades/widths that were mentioned, but I think it is probably too early for us PI's to be able to work out the potential value.  Probably the market has downgraded us but that might only be temporary until the next Cap raise is carried out ...more  
Comment by RHertig on Sep 07, 2021 11:26am
Thanks I am going to hold my shares. Don't think I will add any. Maybe after the next capital raise.
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