Post by Admin on Aug 31, 2004 1:52:51 GMT -5
Good Evening,
I see everyone is walking a little funny after the market gave you a big 'ol wedgie today, just like the school bully used to do, huh?
Relax, you'll get over it, just like you did back then. Watch for us to drift mostly sideways tomorrow as well as the rest of the summer, with the exception of a potential booster run this week just to maintain our pulse.
Tomorrow is the maiden voyage of our radio show
I spoke with Melvin this morning and he asked me to extend his apology to everyone here. After speaking with Mr. Casavant, it was determined that "right now" would not be the appropriate time, but he did ask for a rain-check. I gather this means he will be with us, as soon as Urban gives the OK!
If you're in Phoenix - KXEG 1280AM
Worldwide - Live via the Internet www.familyvaluesradio.com
I will also be posting this on the CMKX Board for the benefit of those who never make it over here, or to the other columns that deal with things of the Spirit. The version on the CMKX board will be suitable for framing, or emailing to your address book, wichever you prefer.
Lets talk AZCO for a minute. AZCO = the company / AZMN = the stock. People are funny, some only buy fundamentals, some only buy technicals, and some only buy the hype surrounding the above. I don't have any "hype" for you, never will
But I do have some intrigue which is almost as good.
Going into the close we had members sitting on the bid @ .175 and .18. One offer @ .18 was for 10K shares. Their orders were never filled.
Does AZCO suddenly have an evil market maker we can blame everything on? Someone even asked me about the legalities of not being able to buy at the ask.......I'll leave that to you highly trained Net-Detectives. Keep in mind, it will become a moot point as we move back to the regulated exchanges. The best I can figure is someone, somewhere, recognized the value of what they were holding and decided not to part with it. If your trades don't execute on the open, get your broker on the phone pronto and demand an explanation.
The Real Underlying Reason Azco is such a compelling buy at these levels...
If you like Real Estate, then you should love Azco: Simply put, it's a lot like owning beach front property. They're not making anymore.
The difference with Azco is, it's a lot like buying Real Estate 15 years ago, when prices were fractions of what they are today and not unlike Donald Trump buying that Wall Street office building he practically stole for a measly $1 Million that today is worth $400 Million.
The interesting point with Azco is that comparatively speaking, the numbers are just as compelling, because arguably Azco is worth Billions based on the entire size of its massive 7.4 square mile sand and mica deposit with an estimated 100 to 400 year mine life to a proven reserve that has been appraised at between $167 and $212 Million by esteemed Geological and Geophysical valuation experts Mintec - So adding Azco's proven 3.7 Million ton Feldspathic Sand's reserves at a very conservative $100 M, values Azco at $300 Million.
To elaborate on these numbers and really put them in perspective and get a real sense of just how undervalued this company really is at current levels, when one considers that almost all of the 77.76 Million ton ore body contained within a near 7.4 square mile deposit is vendible, with the most abundant portion of the basic ore component being Felthspathic Sand comprising approximately 90%, that once processed, can command prices of up to $100 per ton for specialist construction industry applications: The already drilled and proven part of this massive deposit at just 5%, has a gross valuation approaching $300 Million and a net value near $100 Million. The estimated reserves for the sand alone potentially equals some 20 times that amount, ie: $6 Billion and $2 Billion respectively.
But that's not all, Azco may soon have a Silver lining and potentially a Golden one too, not to mention Platinum or even significant copper linings. Since W. Pierce Carson, PhD, former Geologist for Exxon Minerals and one of the World's premier Explorationists has assumed the role as President and CEO, he has publicly declared that he intends to redirect the strategic future of Azco to include the acquisition of high quality Gold, Silver and Copper resources that could add significant additional value to its already considerable Mica reserves and the unrealized value of its veritably enormous Felthspathic Sand reserves that could potentially supply the state of Arizona for 100+ years. And that's the other point... How many companies can boast reserves that will likely still be mined long after most of us are gone. How could such an opportunity like this go un-noticed for so long? Just ask 'The Donald' how smug he must feel about his acquisition on Wall Street that nobody could foresee. That has to be one of the best deals ever made by anyone and Azco represents a similar opportunity right here, right now, just like the building on the corner no-one wants: Suddenly everybody wants it...
Just recently, Donald Trump himself was featured on CNBC whining and complaining about the price of cement doubling and about how much he is having to pay "through the nose" for building materials, such as sand and stucco. Helloooo! Azco just happens to be sitting on one of the largest sources of stucco base in existence in the form of Feldspathic Sand, that with a little bit of processing and value added to it becomes a 180,000 tons per annum production output that can be priced very competitively and sold into what is fast becoming an insatiable 500,000 ton annual demand in Maricopa Co., Arizona alone, representing one of the fastest growing counties and metropolis in the entire United States, that get this, has to import almost all of its resources from California and Nevada at hefty premiums that have increased steadily over the past year or so due to growing shortages and "through the roof" transportation costs.
If you need any further convincing: Just over 6 months ago on Louis Rukeyser's Wall St., award winning fund manager of the $5.7 Billion SoGen Funds, Jean-Marie Eveillard, when asked what he was currently considering as the best new areas to invest in today, given the market's already meteoric rises in many sectors, strongly emphasized the particular attractiveness of stone quarries, mineral deposits and other in-demand raw-material resources, describing them as 'extremely valuable' and a great new way to insure one's portfolio with a longer term real assets type lifetime style investment at this particular time for the resource oriented decades ahead.
I see everyone is walking a little funny after the market gave you a big 'ol wedgie today, just like the school bully used to do, huh?
Relax, you'll get over it, just like you did back then. Watch for us to drift mostly sideways tomorrow as well as the rest of the summer, with the exception of a potential booster run this week just to maintain our pulse.
Tomorrow is the maiden voyage of our radio show
By popular demand, the financial topic will be - CMKX
I spoke with Melvin this morning and he asked me to extend his apology to everyone here. After speaking with Mr. Casavant, it was determined that "right now" would not be the appropriate time, but he did ask for a rain-check. I gather this means he will be with us, as soon as Urban gives the OK!
If you're in Phoenix - KXEG 1280AM
Worldwide - Live via the Internet www.familyvaluesradio.com
I will also be posting this on the CMKX Board for the benefit of those who never make it over here, or to the other columns that deal with things of the Spirit. The version on the CMKX board will be suitable for framing, or emailing to your address book, wichever you prefer.
Lets talk AZCO for a minute. AZCO = the company / AZMN = the stock. People are funny, some only buy fundamentals, some only buy technicals, and some only buy the hype surrounding the above. I don't have any "hype" for you, never will
But I do have some intrigue which is almost as good. Going into the close we had members sitting on the bid @ .175 and .18. One offer @ .18 was for 10K shares. Their orders were never filled.
Does AZCO suddenly have an evil market maker we can blame everything on? Someone even asked me about the legalities of not being able to buy at the ask.......I'll leave that to you highly trained Net-Detectives. Keep in mind, it will become a moot point as we move back to the regulated exchanges. The best I can figure is someone, somewhere, recognized the value of what they were holding and decided not to part with it. If your trades don't execute on the open, get your broker on the phone pronto and demand an explanation.Azco: A Steadily Appreciating Asset
The Real Underlying Reason Azco is such a compelling buy at these levels...
If you like Real Estate, then you should love Azco: Simply put, it's a lot like owning beach front property. They're not making anymore.
The difference with Azco is, it's a lot like buying Real Estate 15 years ago, when prices were fractions of what they are today and not unlike Donald Trump buying that Wall Street office building he practically stole for a measly $1 Million that today is worth $400 Million.
The interesting point with Azco is that comparatively speaking, the numbers are just as compelling, because arguably Azco is worth Billions based on the entire size of its massive 7.4 square mile sand and mica deposit with an estimated 100 to 400 year mine life to a proven reserve that has been appraised at between $167 and $212 Million by esteemed Geological and Geophysical valuation experts Mintec - So adding Azco's proven 3.7 Million ton Feldspathic Sand's reserves at a very conservative $100 M, values Azco at $300 Million.
To elaborate on these numbers and really put them in perspective and get a real sense of just how undervalued this company really is at current levels, when one considers that almost all of the 77.76 Million ton ore body contained within a near 7.4 square mile deposit is vendible, with the most abundant portion of the basic ore component being Felthspathic Sand comprising approximately 90%, that once processed, can command prices of up to $100 per ton for specialist construction industry applications: The already drilled and proven part of this massive deposit at just 5%, has a gross valuation approaching $300 Million and a net value near $100 Million. The estimated reserves for the sand alone potentially equals some 20 times that amount, ie: $6 Billion and $2 Billion respectively.
But that's not all, Azco may soon have a Silver lining and potentially a Golden one too, not to mention Platinum or even significant copper linings. Since W. Pierce Carson, PhD, former Geologist for Exxon Minerals and one of the World's premier Explorationists has assumed the role as President and CEO, he has publicly declared that he intends to redirect the strategic future of Azco to include the acquisition of high quality Gold, Silver and Copper resources that could add significant additional value to its already considerable Mica reserves and the unrealized value of its veritably enormous Felthspathic Sand reserves that could potentially supply the state of Arizona for 100+ years. And that's the other point... How many companies can boast reserves that will likely still be mined long after most of us are gone. How could such an opportunity like this go un-noticed for so long? Just ask 'The Donald' how smug he must feel about his acquisition on Wall Street that nobody could foresee. That has to be one of the best deals ever made by anyone and Azco represents a similar opportunity right here, right now, just like the building on the corner no-one wants: Suddenly everybody wants it...
Just recently, Donald Trump himself was featured on CNBC whining and complaining about the price of cement doubling and about how much he is having to pay "through the nose" for building materials, such as sand and stucco. Helloooo! Azco just happens to be sitting on one of the largest sources of stucco base in existence in the form of Feldspathic Sand, that with a little bit of processing and value added to it becomes a 180,000 tons per annum production output that can be priced very competitively and sold into what is fast becoming an insatiable 500,000 ton annual demand in Maricopa Co., Arizona alone, representing one of the fastest growing counties and metropolis in the entire United States, that get this, has to import almost all of its resources from California and Nevada at hefty premiums that have increased steadily over the past year or so due to growing shortages and "through the roof" transportation costs.
If you need any further convincing: Just over 6 months ago on Louis Rukeyser's Wall St., award winning fund manager of the $5.7 Billion SoGen Funds, Jean-Marie Eveillard, when asked what he was currently considering as the best new areas to invest in today, given the market's already meteoric rises in many sectors, strongly emphasized the particular attractiveness of stone quarries, mineral deposits and other in-demand raw-material resources, describing them as 'extremely valuable' and a great new way to insure one's portfolio with a longer term real assets type lifetime style investment at this particular time for the resource oriented decades ahead.
