News Focus
News Focus
Followers 232
Posts 7344
Boards Moderated 0
Alias Born 05/02/2008

Re: powerbattles post# 9379

Friday, 07/13/2012 12:58:24 PM

Friday, July 13, 2012 12:58:24 PM

Post# of 59731
There are many junior miners that acquire promising properties in their portfolios for various reasons.

Gold properties are always in vogue and just plain sexier to the investment public than lithium is.

I'm assuming they will do some exploration work, raise money, sell the property ( I really don't know the final plan) and use some of the funds to continue with exploration of the lithium property.

Check out AZM and the different properties it owns. AZM is just an example of a junior that buys properties, does some work on them and then sells them to mid range miners.

http://www.reuters.com/finance/stocks/AZM.V/key-developments

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y