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Post by paperwhite on Jun 17, 2004 11:18:08 GMT -5
Who here owns any Azco?
I recently purchased my first few blocks of shares. This is a speculative buy, but the potential is quite interesting. Seems that the current price level may not last much longer. Thoughts?
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Post by Admin on Jun 17, 2004 12:30:32 GMT -5
A very astute observation. If you watched the open this morning we traded amost 4 times our daily average in the first hour. Most interesting I think is that the buying came from Europe. In speaking with the company I do believe that the move back to the OTC-BB is imminent. It is my personal opinion that shares in this price range for a company with as much in the ground value and above ground potential as AZCO is almost like stealing. "Thou shalt not steal" Ok, here's my fifteen cents, load the boat!  Blessings CT |
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Post by paperwhite on Jun 18, 2004 13:07:13 GMT -5
Strange Friday. We went from 200K shares traded yesterday to 0 volume at this point of the afternoon.
Stock has taken a step forward, but we'll need continued volume to break above the 20 cent mark.
In due time though.
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Post by Admin on Jun 18, 2004 14:06:15 GMT -5
Well put! My guess, looking at what the MM's are showing, a market order for 20K shares would probably do exactly that.
Blessings
CT
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Post by Admin on Jun 19, 2004 13:17:33 GMT -5
If you haven't signed up for the AZCO Newsletter, go to the site www.azco.com and do so. I think one may be coming out tomorrow night. Blessings CT |
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Post by paperwhite on Jun 19, 2004 17:24:50 GMT -5
CT, do you have some sort of source that gave you the heads up on the newsletter?
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Post by Admin on Jun 19, 2004 18:10:25 GMT -5
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Post by marygrace on Jun 23, 2004 20:15:51 GMT -5
I am new to this message forum. I have owned Azco since it was .90 cents! and have continued to add to my lot all the way down. I'm also new to online trading. I had a "feeling" about this stock (probably not a good trait for a trader)...but, something seems to be in the works these days. Happy to have somewhere to talk about it!
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Post by Admin on Jun 23, 2004 20:50:31 GMT -5
Welcome Mary, You have come to the right place. And you aren't the only one who "feels" it. The beauty of AZCO is that the mother lode has already been identified, tested, and confirmed, so it's more than a feeling. It's a reality. If you haven't read the PDF reports on the AZCO site, please do. This has been a sleeping giant for some time, a look at the 5 year chart spells EXPLOSION! To quote an old song - "I feel the earth move under my feet........"  As the final pieces fall into place over the next few weeks and months, just keep smiling, and decide how you want to bless God's people when it happpens. You're welcome to go to our Orphanage in Africa with us this October if the Spirit moves you and you "feel" like it. Blessings CT |
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Post by Admin on Jun 27, 2004 22:35:14 GMT -5
Sorry I missed the discussion today. Church and other duties kept me away. I think now would be a good time to go over some facts on AZMN - AZCO Mining. As I pointed out in another post, Friday's close at a solid ask of .16 looks bullish to me for Monday's open and the upcoming weeks trading activity.
I feel it important to create a synopsis of the most available information for this overview so that you can get a better understanding of the unfolding significant potential Azco now represents, especially with Dr W Pierce Carson as President and CEO, as I do believe that we may be fortunate enough to make some valuable Gold, Silver and Copper acquisitions in the coming months, in my opinion.
In updating you on material you may have already reviewed on Azco, I thought it might be helpful for you to evaluate this comprehensive overview with particular emphasis on some of the most important new developments and fundamentals relating to the company's past, present and future. The most notable being, the growing realization of 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 square mile deposit is vendible with the most abundant portion of the basic ore component being Felthspathic Sand comprising 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 in my opinion.
The principal highlight of the initial phase of Azco's life was the early discovery and subsequent successful sale of the Sanchez and Piedras Verdes economically viable copper deposits to one of the World's largest copper miners Phelps Dodge for the incredible sum of $40 Million at the height of the mid-90's copper boom as prices were approaching all time record high prices of $1.50+ per pound.
This enabled the company to sustain itself for the remainder of the 1990's to the early part of this decade and leverage its initial success into the acquisition of one of the world's largest and purest Mica deposits, with a proven reserve of 422 Million pounds, estimated to be worth between $167 Million and $212 Million. However, at only 5% of the total estimated reserves of 8.4 Billion pounds, the entire project could be worth several Billion dollars. Azco's unique market potential was externally validated through extensive DD available at the companies website.
The lead time on any large mining development is can be unusually long, arduous and often thwart with unforeseen challenges that can take many, many years before production can begin. Azco Mining Inc, over a period of less than 4 years, has invested some $20 Million from the ground up, into a state-of-the-art customized infrastructure development for the entire mining, ore-separation, processing and production of both Premium Mica and Feldspathic Sand in a "Unique in the World" Dual Production Model.
In just the same way Azco succeeded in monetizing the extraordinary windfall value of its newly discovered copper deposits virtually overnight, Azco similarly intends to monetize its massive Felthspathic Sand and Mica Ore deposits, initially by selling the majority of the Sand component of the ore into one of the nation's fastest growing construction markets in neighboring Maricopa county and most of its Mica production in processed, value added bulk form, to the Paint and Plastics Industries. Later it intends to pursue much higher-priced new markets, enabling it to significantly enhance its reserve values. Prices for basic processed wet ground Mica start at around 40 - 50 cents per pound and special "Surface Treated Mica" which Azco can also deliver in bulk, ranges from 60 to 80 cents.
Premium grade 20 Micron particle size processed and refined Mica ranges upwards from $1.50 per pound for more specialist plastic applications and upwards of $2.00 per pound for cosmetics. As the particle size gets smaller or finer, the price rises exponentially towards as high as $30 per pound for 1 micron nanoMica and / or Titanium treated applications for metallic style paints and pigments.
The most intriguing aspect of this in-ground reserve is that the 422 Million pounds of proven Mica and 8.5 Billion pounds estimated, represents as much as 10% of the near totally vendible ore, with an unusual blend of 90% Felthspathic Sand, representing a proven reserve of 3.7 Million tons and 74 Million tons estimated, the combination of which has a 5 to 10 times, the ton for ton potential return versus Gold and Silver. Ie: If 10 ~ 20 tons of ore have to be processed to yield 1 oz of Gold or 10 to 20 oz of Silver or $200 net, 10 tons of Azco's ore potentially yields $1000 net at the low and and significantly larger yields depending on the Mica grade quality.
Moreover recent marketing efforts have identified a truly enormous market potential right at Azco's doorstep where just in the Phoenix metropolitan area alone, the market for processed Felthspathic sand is 500,000 tons a year and has to be shipped in from California and Nevada. With an annual output of up to 180,000 tons per year, Azco not only has a ready market for its entire production nearby, with estimated revenues of $13 Million, it also has a big cost advantage over the competition in both transportation and material price. Furthermore, prices have risen 30% this year alone, indicating growing scarcity. Azco was even asked for quotes out of state.
Since mining, processing and refining of Mica and Feldspathic Sand is a dual production process, the costs of the entire operation are expected to be more than adequately covered by the Felthspathic Sand revenues, recently upwardly estimated to $13 Million per year because of 30% price increases this year that may actually result in a bottom line improvement of between $3 and $6 Million annually. This unique anomaly should potentially render all Mica revenues as net free of cost. Therefore at 10,000 tons per year or 20 Million plus pounds output at $1000 per ton or 50c per pound, net revenues should range between $10 Million on the low end and $16 Million plus at the higher end of bulk pricing at 80 cents per pound for surface coated processed Mica. That would equate to total gross revenues from Felthspathic Sand and Mica of between $23 Million and $32 Million, with potential total net revenues coming in between $10 Million and $24 Million respectively, dependant upon the Feldspathic Sand net differentials and Mica pricing variables.
Since announcing that 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, Azco has identified a number of select properties for acquisition 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.
Recently on Louis Rukeyser's Wall St., award winning manager of the $5.7 Billion SoGen Funds, Jean-Marie Eveillard, 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, he emphasized the 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 lifetime style investment at this particular time. He also pointed out that many of these exotic resources are becoming increasingly scarce or even substantially depleted and how it is becoming difficult to develop new properties from scratch in certain areas, thereby rendering established turnkey properties such as Azco's even more valuable in light of this.
As always your own Due Dilligence, subsequent findings and risk capital, should be the only deciding factors in making an investment decision. ChristianTraders whishes to extend great thanks to those individuals who have invested an ernomous amount of time and energy in researching the above information and calculating the subsequent valuations.
Blessings
CT
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