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dr_airtime

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dr_airtime

Re: None

Tuesday, 05/15/2012 5:21:06 PM

Tuesday, May 15, 2012 5:21:06 PM

Post# of 35717
ARZ.TO/AZK -.33 to $4.08

Today' selloff was general sentiment driven. Prior selloff was on average volume and same thing happened after Q2-2011 results communicated with production coming in below average and cash costs above. Aurizon guided for lower Q2-2011 production a year in advance and if you read Q1-2012 PR they emphasize that Q1-2012 should not effect 2012 guidance so shades of the same.

ARZ is super-beta so goes up and down very fast like today. I am tempted to add tomorrow. Remember as a super-beta ARZ was one of the fastest recovering gold stocks out of the the fall 2008 financial crisis and hit new 52 week highs in March 2009, so I expect them to repeat again.
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