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12/14/16

More GMO on Arizona Mining (AZ.to), zinc, manganese, things like that

So Arizona Mining got stuffy about being compared to Bre-X and got a retraction out of AW at Global Mining Observer. Fair enough, but the follow-up GMO article that came out last night is just too much fun.

The basic point: Juniors should not hide the weak points of their story from the market (AZ.to), they need to be open and honest about the weaknesses (because there's always at least one) and work hard on improving them to the market's satisfaction (REG.v), else risk being behind the curve and playing catch-up to public opinion. That's not a good image.


 
I mean, who reads Forward Looking Statements anyway?
"Although Arizona Mining has attempted to identify important risks, uncertainties and other factors that could cause actual performance, achievements, actions, events, results or conditions to differ materially from those expressed in or implied by the forward-looking information, there may be other risks, uncertainties and other factors that cause performance, achievements, actions, events, results or conditions to differ from those anticipated, estimated or intended."