My goal at Micks Picks is to introduce you to companies I have carefully vetted and feel are worth taking a long look at. We swing for the fences and seek out grand slammers. This month I have chosen Arizona Silver Exploration (AZS) on the TSX-V is my newest sleeper. Here are my reasons!!!
10) Mining Friendly Location – State of Arizona is second only to Nevada as the easiest to do business. Leaders encourage mining and the value it brings to an economy. Most jurisdictions oppose mining creating endless red-tape. Arizona’s neighbor to the West, California is a classic example.
9) Ramsey Property – Was a historical high-grade producing silver mine. 100% owned. One percent royalty. Drilling impressive 18 for 18 and 41 existing underground holes to work with from the 1960’s. Located near major interstate only 2 hours from Phoenix on Interstate 10. Access to power and water and no harsh winters to deal with. Huge potential for much larger deposit as more is known of the mass and structure.
8) Impressive Board of Directors – Very solid experienced board with mining experience and direct ties to the international financial community. Most Juniors have hard time raising money. AZS was able to raise $2 M in 3 days. This team has mining know how and what it takes to bring a project to actual production.
7) Bonanza Drill Results – Property just being understood and many additional targets on horizon. Intercepts up to 46 meter/ 304 grams per ton. Historical production very impressive averaging 924 grams per ton or 28.9 ounces and Highs of 5,100 grams per ton or 159.4 ounces. Potential for lead and zinc credits as well.
6) Great Sedi Page – Greener than a shamrock!!! Insiders BUYING, not a share sold even during the impressive price run-up. Very rare to see a company with so much insider purchasing. Insider purchasing means one thing Confidence in the future of the company.
5) Management knows the importance of Promotion – Company does not sponsor a booth at trade shows. More importantly they attend shows and work the floor. A much more effective use of promotion dollars. Several newsletter writers follow company, Gwen Preston (Resource Maven) & John Kaiser (Bottom Fish Report). Twitter page and Bullboard blitz forthcoming. Social Media presence will help get the word out on this undervalued opportunity for investors.
4) Part of Block Chain Ethereum Strategic Alliance– One of the founding member among several successful junior miners collaborating to create a cypto-token backed by Gold & Silver. This would be a block chain actually backed by an actual tangible asset. This revolutionary idea would allow its member access to financing dollars without the dilution of its share structure and benefitting shareholders immensely this shows company stays on top of trends and is market leader not follower.
3)Very Tight Share Structure– Only 28 M shares outstanding/ very tight float. Of the shares, 46% in management or very secure hands. Witness the last run up stock went from 40 cents to $1.22 within a week based solely on analysts (John Kaiser) unfounded speculation on the potential of this property & setting a valuation of north of $15 a share. While his speculation was very premature, past drilling results suggest this stock is extremely under-valued. AZS has no warrants or cheap paper to deal with and that fact shows the commitment to the retail shareholder which is very rare.
2) Newest Property- Greg Hahn and his team at AZS recently purchased the Sycamore Canyon Gold/Silver project in Graham County Arizona, 20 miles from the town of Wilcox. It is situated on the South Eastern side of Arizona. This property has been on Greg’s radar for awhile and will be explored for the first time with modern drilling techniques. It has been chip sampled with 98 samples have hit material grades with impressive highs of 31 gpt Gold & 533 gpt Silver.
It has never been drilled and Greg is confident that the mineralization & structure is similar to Nevada’s Comstock load district which sparked the first Silver rush to Nevada in the 1850’s. During the period of 1860-1880, this ground amazingly yielded $321 Million Gold & $482 Billion in Silver in todays dollars.
1)Number ONE Reason
Management, Management, Management- CEO Greg Hann’s resume speaks volumes … Ivy League educated & over 40 years of field experience. He has taken several companies from development to production all over the globe and has managed mines contained in the Noranda & Anaconda portfolios. Greg has experience in mining various metals (Gold, Silver, Copper, Cobalt, Uranium). Greg Hahn is a consulting geologist for several large companies which portends he is a problem solver and expert.
Mike Stark is COB and actually appreciates and values his shareholders. He is very approachable and returns phone calls as witnessed by the 79 phone calls he had to return, when the stock crashed on the unfounded and unsolicited report touting AZS as a $15 stock. Most senior management types would have shied away from this duty. Mike felt it important to return each and every call. This actually was a blessing in disguise as it allowed Mike to get the stock from speculator hands into very secure long-term holders.
They know this story will take time to play out and will require Patience. Shareholders will be well rewarded over time. Mike puts his money where his mouth is, as he continues to buy in the open market at these bargain basement prices. Greg Hahn has 1.4 million shares and Mike is close behind with 1.1 Million shares as does David Vincent with 1 million shares. It must note again that there are no warrants so these shares were purchased with no strings attached. Important to note insiders have never sold a share ever.
Mick’s Picks was created to introduce high quality projects manned by skilled management to investors looking for hidden and under-valued companies. In my opinion Arizona Silver Exploration fits the bill. Solid progressive management who values shareholders as family and appreciates their support. Most importantly they stand by their beliefs in the projects by putting their own greenbacks into the company. Nothing and I mean nothing is as bullish as that for a stock.
This company is just shy of 2 years old and is in its infancy of its potential. The fact that normally conservative analyst threw out a $15 per share valuation speaks volumes as it was projected on the future and not the present. Greg & Mike and the team at AZS will hope to prove his enthusiasm well warranted over time.
The Gold sector overall is in a funk most companies are down or near there 52-week lows. All one can do is wait for Gold to catch a bid and a tail wind and this sector can turn on a dime. Fortunes are made by being patient and buying quality companies when they are on sale. With AZS very tight share structure history shows how fast it can take off when buyers rush into a stock where insiders are holding for long term vision and returns. As the greatest stock investor of all time… Jesse Livermore touted “Buy Right & Sit Tight”.
Arizona Silver Exploration- AZS/AZASF
Share Price .09 cents
52 week low .085 cents
52 week high $ .30 cents
Market Cap $3.75 Million
Shares Outstanding 28 Million (No Warrants)
Mick’s Picks (Blue Sky Marketing) is owned by Kevin Dougan. I am a long-time investor in this sector and take pride in finding and sharing the best Junior Miners with fellow investors interested in this sector. I attend all major trade shows on my own dime as well as sight visits fully funded by myself. While I attempt to find only the best undervalued under-promoted companies, it can be risky but these investments do pay off handsomely when the sector gets hot.
I am NOT nor pretend to be an investment advisor so take responsibility and do your own research in picking your investments. My website is partly funded with companies who advertise on my website.
www.kdblueskymarketing.com
Twitter : KD blue sky marketing