Aurizon Mines Ltd (NYSEMKT:AZK)

AZK took a while, but they're finally delivering on their potential for the Casa Berardi mine. In the meantime, they've been working diligently to develop their other promising properties and now appear well positioned to grow into a solid multi-mine, mid-tier producer. They appear undervalued at current prices.

In play. Going long here.
Cash 176 million PEG .37 Qrtly Growth 71%
Earnings qrtly growth = 467%
Market Cap 833m I see this stock around $8 in one
year now trading $5

I see t

Aurizon Mines is a Canadian junior mining company with no debt and already producing out of its Casa Berardi mine (mine life to 2020). The Joanna mine is in the late feasibility stage with potential mine start up in late 2012. There are two more properties in late exploration and six more in early exploration stages. All properties are located in the mining friendly province of Quebec. Profits from production can be used to advance exploration projects, reducing debt risk. As long as the price of gold remains high, this company will perform very well.

A new gold-silver find on one of its mines sent the stock price over $8. If this turns out to be real, then the next move up may look like Great Panther Silver Limited.

Many investors apparently decided that this was the day to rotate out of the high performing precious metal stock to some stocks which have lagged over the last month. How much of this is just a short-term trade is uncertain, but since the fundamentals of the market do not appear to support this sudden change I'm guessing that the miners will see some of this money come back within the month.

in-fill drill showing good results, B grade rating

Small cap Gold miner. Rated buy/hold at $5.10, so buy. Small caps get left alone by the tracker fund damagers.

Good earnings.

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.

More room to run than the larger gold operations. Good management and solid financials. Plus, it's a Canadian company. Canada is a net exporter of oil (and US' biggest supplier). As oil demand outpaces supply in coming years, expect the US economy to founder under the weight of it's own debt while the Canadian dollar remains strong.

A well run mine with a very clean balance sheet. This company is at the right price and in the right business for these economic times.

Why buy gold stocks before earnings? Because you could buy gold, in the spring of 2007, for 650 dollars an ounze; or oil for 65 dollars a barrel - take your pick. Then, in the summer of 2008, you could sell your gold for $950 an ounze; or your oil for $140.

Oil out performed gold, during this period, but mining stocks held their own. Then came the fall of 2008, when the inflated bubbles burst. Gold fell about 30%, while oil came down around 70%. Gold stocks fell to the oil levels, or in other words, they fell to 350 dollar gold. So why did gold not fall more?

Folks - gold is a good deflation play, but fares far better with inflation. Oil is a good inflation play, during a Boom, but gold will out perform oil if inflation heats back up. Why? Because we're now living in a different world. No more Boom! The Boom left the station with the Chinese Olympics.

What's your best deflation play, after the dust settles? Miners! Why? Because they fell to 350 gold, due to the fact that they had paid high dollar for energy and machinery costs, and nobody knowed how far gold would fall. That said; gold only fell to around 700 an ounze, before quickly recouping it's loss. In other words; the miners are about to turn in great numbers, with much better guidance.

The miners will take off, and bring gold up with them. Once gold settles above the 1000 dollar mark - it's off to the races, as one feeds off the other. Don't listen to some idiot spouting wave theories, and leave you holding a bag.

Large land position and good exloration team. Cash flow is substantial. AZK operates in friendly jurisdiction. Management is not greedy.

Good stock to hold onto, gold will continue to rise.

Gold junior with production

Commodities will be king again at some point including silver and gold. Seems like a bargain right now short or long term should return above S&P.

Price is too cheap to pass up

a solid gold play

PE is looking a little high, lot of speculation on this company, but has don well for me the last 6 months so I am sticking with her!