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Bullboard - Stock Discussion Forum Arizona Gold & Silver Inc V.AZS

Alternate Symbol(s):  AZASF

Arizona Gold & Silver Inc. is a Canada-based company junior exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The Company owns Philadelphia property, Silverton Gold project, and Sycamore Canyon project. The Philadelphia Property is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona and is comprised of 30 claims... see more

TSXV:AZS - Post Discussion

Arizona Gold & Silver Inc > Patience pays off
View:
Post by STEELE2 on Feb 09, 2021 5:58pm

Patience pays off

@Allan Don't forget these guys are in the early days of drilling into a system of epithermal veins. They have to deal with faulting and zonation of grade along strike and most importantly at depth. Yet they are still just scratching the surface. It reminds me of the early exploration of the epithermal vein system that Exeter found. They had to work hard to find the hot spots of their veins and when they did they ended up being bought out.
Comment by winr88 on Feb 09, 2021 9:31pm
Yes Steele2, Exploration isn't just drilling and always finding a high grade zone. Some companies take years to close in on a deposit. Some give up and walk away only for another to come and finish the job and find the paydirt. What has occured on these drill results is the zone thought to have gold, didn't so it's time to adjust. I'm certain an experienced geologist like Greg Hahn ...more  
Comment by guerreiro on Feb 12, 2021 5:24pm
"winr88" great point of view. It was a buy for me today, averaging down my cost. Once the drills start rolling the stock will be back to .30 cents. There is a saying; If you want to gather honey don't knock over the BEE HIVE. Have a great weekend
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