Mon, Sep 15, 2014, 1:34 AM EDT - U.S. Markets open in 7 hrs 56 mins

Recent

% | $
Quotes you view appear here for quick access.

Aurizon Mines Ltd. Message Board

  • stevesnull stevesnull Apr 16, 2011 7:59 AM Flag

    Disappointment

    Friday AZK SP was huge disappointment for me, after recent very positive drilling news at Marban with good potential gold numbers produced, on the same day as Gold looking strong, little buying pressure. Next day gold remained strong up over $13 oz, but Sp closes down double digits. Recent Wellington announcement to lower Azk SP target from 8.40 to 8.00 should not be a major factor. One month ago Clarus raised target from $7 to $8.50 with a buy given. I find it hard to believe that the operating costs announcement has put the brakes on SP going up. It should be clear that the price of gold now and going forward will be high enough for Azk to continue making a profit. The gold is not going anywhere, therefore, when they do get it out of the ground, it will be profitable. It is also likely that future drilling results will show more potential gold finds. Maybe with a high PE and the threat of downgrades from first quarter earnings, investors want to wait and see real profit margins made before they buy in? Maybe they do not want to get trapped, with any sudden drop due to volatility of SP? What I hoped would occur, happened, good drilling results at same time as gold acting strong. It’s, obviously going to take more to get buyers back and turn this trend around. Maybe with large overhead supply and lower target Sp, leaves no room for SP to run , to much selling pressure as SP approaches $8 range. Better gold potential stocks?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Again, gold strong and Azk SP weak, why? Process of elimination: not the price of gold, will gold acting great and moving to record prices and Sp not reacting. Not good news of drilling, recent news positive and news of 44% increase in profitable mine was great, but no positive reaction. Not the good analysts reports, all $8 or above targets, with no sell given, SP trading well below the lowest predictions. Not financials which show no debt and enough funds to finance future exploration. Not long term plans which show 6 potential exploration sites with AZK gaining majority interests in future profits if gold discovered, all agreements signed during good period for AZK. By the process of elimination, I due not have a rational explanation for weak SP. Maybe someone is manipulating SP, or some news coming which is negative?

    • Most who think this world is fair, will in fact be disappointed.

      The world is wicked and corrupt.

      And no wonder for guess who rules it?

      Galations 6:12 Because we have a wrestling not against blood and flesh, but against the governments, against the authorities, against world rulers of darkness, against wicked spirit forces in heavenly places.

      It clearly states who the enemy is.

      There is only one force in the universe that can dislodge the rulers of this world, and this is in fact about to take place. Would you care to know more about this? Would you wish to survive what is about to happen and live on a paradise earth?

      feel free to email.

      kingdomkrier@gmail.com

    • Many mining stocks were down yesterday, my guess is that oil prices rising faster than gold put the kabash on them.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
21Vianet Group, Inc.
NasdaqGSFri, Sep 12, 2014 4:00 PM EDT