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AZS - Azure Minerals

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hey Kgee, Fat Prophets basically said it was a junior BSG, they were very impressed with Tony Rovira and his plans for the company, they also paid tribute to the exploration team.

They also highlighted the very high grade hits already announced from recent exploration.

And finally talked about the relationship with Rio Tinto in which they get first option on any Rio project in Mexico they deem no core, which is basically like having a production line of interesting prospects to explore.

Now that the 20c hurdle has been breached it is really set up nicely to run on any good news.

Hope that helps Kgee
 
Yeah thanks for that Mick I'm kinda mixed about renewing my subscription with fat prophets they seem to have about a 50/50 success with their choices either being a huge success or a miserable dog I'm hoping with this one its the former...picked up some on the back of selling off CUL and also jumped back into FNT although I suspect I could have waited another week on that one
 
one thing that fat prophets brings to a stock in an increase in profile and investor awareness not only through their weekly newsletter but also they recommendations in the Sunday Telegraph business section.

Also judging by the increase in demand/volume on the buy side I would say a significant amount of that could be accounted for by Fat Prophet subscribers.

The good thing about Fat Prophet subscribers they usually hold the stock longer term meaning the available pool of shares starts to dry up.

Quite a few ASF members have recently taken profits on shares such as CUL/YML/FWL/FNT/POL after their stellar runs (thanks again YT:)) and have told me they have put some to work in AZS, hopefully it performs like the above mentioned stocks.

The fundamentals of the company are there all we need now is the kickstart from some more exploration results. Once again it was very good to see it clear that 20c hurdle today.
 
Methinks its ripe for a new flagpole. Looking forward to tomorrow. :D

Perhaps somebody who understands flagpole theory better than me might like to explain again how high the next flag might be hoist? Like...30c? Or 24.5c?
 

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moses said:
Perhaps somebody who understands flagpole theory better than me might like to explain again how high the next flag might be hoist?
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Or better yet why it is likely to make a "flagpole" at all? Why is it ripe for one? Come on guys! *smacks head*
 
Hi Doc,

well...is that or is that not a rising pennant? Are we or are we not looking at a potential breakout above the 20c resistance? Are there or are there not more buyers than sellers in the queue?
 
Yeah thanks again Mick, your probaly right about Fat Prophets ,when I started trading with them I had the strategy of holding medium to long term,but as I become more confident I'm using quicker time plays.
I hope they drip feed us drill results and not all at once its much easier to get a guestimate of whats happening that way
From the AMEC presentation I see pozo de nocho drilling is carried thru till end of july ,by that and your questionerre to tony and the 4-5 week wait of samples; then it mightn't be untill september till we get these results?
And La Bufa results could be by the end of the month?
does that sound right to you?
 
Moses, any of those comments would have been useful in your original post. Thanks for replying.

As an aside, seems to be pretty solid resistance at 20 looking at the chart.
 
they have already received half of the drill results from La Bufa as of last week, would expect the rest to arrive this week or next. It depends if they choose to release them as they receive them or wait until the complete set is finalised. Either way I would expect some news this week or next, remember they completed drilling before the end of June.

They have already completed 3 holes at the Pozo De Nacho prospect so they should have the initial results some time late this month. But you are correct the complete set of results would be due late August early September.

Also don't forget the regional sampling this is what I am really waiting for as it is what brought the company to everyones attention in the first place, with some really spectacular hits. And according to the information I received from Tony Rovira the next results are due very soon, whether that is this week or next I couldn't tell you.

Add the quarterly report and in recent presentations he has been highlighting the fact they are in talks about aquiring advanced projects, there is no shortage of news on the horizon.
 
Typical it finally cracked the resistance at 20c yesterday only for Wall Street to have a shocker overnight.

With so much news coming over the next few weeks wouldn't expect too much damage today. If anything there may be a few bargain hunters out in the afternoon looking to get in cheaply. If it hits the 18-18.5c level I will be more than happy to top up and grab a few more.
 
Moses: a flagpole pattern only works when there is a steady uptrend happening in the last months, which is not apprent on this chart.
 
Good to see the share price has held up today. What is disappointing is all the dummy bids forcing the price up in the first place. The 800k guy moved rite down the line today which I hate to see cause if he wanted to get hit he would of stayed! Looks like plenty of manipulation going on which is not good to see!
 
not sure with your thoughts there brinks, if it looks like it is going to be a down day in the market I would guess whoever moved that large order down may have hoped to get people to sell down to his/her level to get the stock more cheaply.

Remember the market is all about momentum and it looks like AZS is starting to build up some, yesterday it cracked through some serious short term resistance, today it is higher when the general market is down.

I had been hoping to grab a few more around the 18-18.5c level but that looks unlikely now, with sellers now thining out looks like the punters are going to have to cough up to get in.

Just looking forward to the series of announcements to come, will bring a whole new set of investors to the company.

Not sure if Tony Rovira is still in North America, in meetings with institutional investors, bankers, lawyers, accoutants etc. but I'm sure the upcoming quarterly report is going to have an eye catching outlook for the company going forward.

Wow as I was typing this post 20.5c is gone with buyers continuing to build very very interesting
 
mick2006 said:
not sure with your thoughts there brinks, if it looks like it is going to be a down day in the market I would guess whoever moved that large order down may have hoped to get people to sell down to his/her level to get the stock more cheaply.

Remember the market is all about momentum and it looks like AZS is starting to build up some, yesterday it cracked through some serious short term resistance, today it is higher when the general market is down.

I had been hoping to grab a few more around the 18-18.5c level but that looks unlikely now, with sellers now thining out looks like the punters are going to have to cough up to get in.

Just looking forward to the series of announcements to come, will bring a whole new set of investors to the company.

Not sure if Tony Rovira is still in North America, in meetings with institutional investors, bankers, lawyers, accoutants etc. but I'm sure the upcoming quarterly report is going to have an eye catching outlook for the company going forward.

Wow as I was typing this post 20.5c is gone with buyers continuing to build very very interesting
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I've been trying to get an order filled at 19c all day...in the end, I had to move it up to 19.5. Nice to see some good volume again on this stock
 
Pommiegranite said:
I've been trying to get an order filled at 19c all day...in the end, I had to move it up to 19.5. Nice to see some good volume again on this stock
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Yep same here ... But I think mick has really done his homework... some big orders coming through just be end of day... something is cooking...
 
It is moving very nicely before end of day trading, with resistance at 23c to overcome... there are plenty of buyers too.
 
wow 2.5 million bought in less than 10 minutes someone really really wants in now, if 23c was to fall, it may run very hard into the close.
 
there is very few day traders in this one i think, I still dont see a large amount of sell orders coming in, looks like most ppl r in it for the announcements. good to hold on for a while, good luck all.
 
well what a last hour of trading who would of thought that was possible seeing how quiet it had been all day.

Right at 3 the buying started and never stopped about 6 million changing hands.

If we get a good night on wall street tonight who know where this may go in the morning, the sellers have now been decimated removing allmost all remaining resistance.

And the best thing is we haven't even had the results released yet.
 
at 1 stage, there was a single 1m buy order sitting @ 24c, was pulled out after 2mins? hesitant buyer?
 
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