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The Most Undervalued Asset On Planet Earth Has Now Been Valued
Those who follow this column and our radio show know just how bullish we are on Gold and Silver. You also know that I have chosen to play the precious metals bonanza with just one stock, the stock I began calling "The Most Undervalued Asset on Planet Earth" when it was trading at a mere 10 cents a share. Since then, my Golden Goose has traded as high as $2.00 per share and has been basing in the $1.30 range now for months.
What made AZMN stand out was not only the incredible amount of proven in-ground reserves, but also the caliber of management, and most important, it was below the radar of Wall Street which allowed myself and our readers to "load the boat" at laughable prices. Not one to be greedy, I have shared this Cinderella Story in print and over the air-waves. Some things were just meant to be I guess.
Even when...........
was
Ranked 1 by
Top Performing Stock
DJ US General Mining Index
1/30/06
the stock only made it onto the radar of a very select group of individuals. You, our faithful readers and listeners.
However, after what happened today, we will no longer be able to keep the world in the dark. The cat is "out of the bag" as they say.
Coverage Initiated With Strong Speculative Buy Rating and a Target Price at $3.00
A 12 month target of $3 is explosive, however, in reading the report, the valuations are what really stand out in my opinion.
The Summit Project is valued at $0.92 - $1.29 per share
The Ortiz Project is valued at $1.58 per share
Black Canyon Project is valued at $1.46 - $2.31 per share
New Planet Project is valued at $0.70 per share
Using the most conservative of these numbers, we arrive at a total valuation of $4.73 per share. In reading the Analyst Report yourself, you will see the conservative method used to arrive at these valuations, which makes my personal near-term target of $5 Ultra-Conservative if precious metals simply stabilize at current prices and do not rise over the next decade.
The future looks extremely bright for the shareholders of Azco Mining. I also want to congratulate those shareholders who have had the courage to stand by their convictions. Anyone can make a buck trading, but those of you who share my long term vision for AZMN, you have accomplished far more than a clever investment, you my friend,
Have created a legacy which will benefit the many generations that follow you.
Congratulations!
Trade Safe
From the Desk of CT
CT does not accept cash, stock, warrants, or the promise thereof,
to profile or promote any company.
He works for You, the Christian Investor
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