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Gold/Mining/Energy : AZC - AZCO MININGS (AMEX:AZC) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (94)6/18/1999 8:49:00 AM
From: BHunt  Read Replies (1) | Respond to of 118
 
Bill, Thanks for the Log!. Impressive action at the new 52 week high. Sellers seem to be few. Perhaps there is no resistance building yet? Many got into AZC in the .75-1 range. We might go a while before the profit taking comes in. It is a Friday however. It just hasn't felt like a stock where traders rule. I think production starting and some demand annoncements could move us higher. Based on the action since the mica story began to show up, I don't have much info to predict a down move on trading. Since this has to move in 1/16s, it seems less reactive than the OTC arena for sure! It will be interesting to see how it holds when selling happens. AZCO has to do their part in keeping investors informed about developments at the mica mine. If they lag on getting info out, the price could sag, but from where I sit, such a sag would be without merit- near term or long.

BHunt