Arizona Silver (AZS.V) Hits Solid Gold And Silver Grades From Initial Drill Program
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Advance Gold (AAX.V) - Sirios Resources (SOI.V)
Walker River Resources (WRR.V)
I'm always on the lookout for good drill results, and Arizona Silver delivered drill results today that caught my attention. When I see results that catch my attention, the next thing I want to know is where is the project and how much stock is out.
I was happy to find that they have a very nice share structure to go with the results. Even better, they are in Arizona which is a mining-friendly state.
As is often the case, when juniors have tight share structures, they tend to be fairly illiquid. Which is also an important indicator when looking at explorers. If the stock is illiquid, it is often because the team is more focused on discovery than stock promotion. Those are the ones to look at for investment purposes.
As you can see in their stock chart, they are kind of going sideways, with low volume, on some days no volume. But, I think that is going to change for them due to the drilling results they announced today.
Do your homework fast on this one. I will try to get management on for an interview so we can dig deeper.
All the best,