Aurizon Mines Ltd.(USA) (AMEX:AZK)
CAPS Rating:
The Company is a Canadian based gold producer with development activities in the Abitibi region of north-western Quebec.
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The Company is a Canadian based gold producer with development activities in the Abitibi region of north-western Quebec.
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As the markets continue to be under pressure, gold will again start to rise. Its a simple effect of hedging versus the market. Miners will take the slight path higher as the metals regain composure. I am not expecting a rapid run up or a massive jump, but a slow steady climb back into the 4.30 range or so based on its PE .. It is a positive cash flow company and that is rare right now in the junior miners.