Replies to post #112 on Aurizon Mines Ltd fka AZK

[kiwisteve]

AZK
(thanks to: - THE COMPASS - The debt is often the beginning of the ruin
http://investorshub.advfn.com/boards/board.aspx?board_id=17989)

TGR: In your last interview with your fund's co-manager, Jamie Horvat, talked about the strong balance sheets of Aurizon Mines Ltd. (AZK) and IAMGOLD Corp. (NYSE:IAG). Please give us an update on those companies.

CO: Aurizon Mines still has a very strong balance sheet, and it has actually about $114 million in cash, and another $112 million in working capital. Aurizon continues to build a pretty strong war chest and at some point we might see them take out a company with all that cash or maybe they will start to pay a dividend. We continue to be a big shareholder. It hasn't really done much in the last six months, but it's sound, it's safe, and it's in Canada. We like companies that operate in Canada. It's all good.

http://seekingalpha.com/article/208641-gold-headed-to-2-000-in-two-years-sprott-asset-management-s-charles-oliver

[NYBob]

Aurizon Mines Ltd (AMEX:AZK)
Last Price (USD) $5.01
Change ? 0.12 (2.45%)
Bid 4.51
Ask 5.78
Volume 308,522
Days Range 4.94 - 5.08
Last Trade 7/9/2010 7:35:39 PM
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