Two things I see here that interest me historical resource estimate, while it cannot be released it existing meaning which means Tony has seen it for him to buy the project one would have to assume it’s good….

Most samples returned high grades, often I see companies sample 3 rock chips on a property and call that high grade sampling what we want is consistent high grade sampling another tick.

I always put alot of focus on terms, if you see a property acquired for pennies usually it’s worth pennies, in Mexico $1.5 million is a decent sum, unless Tony has been swindled it indicates a quality buy, this is where investing in an experienced guy who has done it many times before pays off, also no back in rights thank god whatever we find this time we keep it all.

Big concern for me reading the ann was depth I thought for sure this would be deep that would have been a project killer for me, it’s too 100m from outcrop thats good, 3m true width is thin, but it’s from outcrop it’s comparable if the grades are as high as sampling indicates.

Price going forward will be determined by work program, if they move quickly this could gather momentum it is shallow and high grade it has potential to be taken into production by AZS.

At this point for the purpose of this newsletter I would recommend closing out trade at current price of posting 1.6, although I will be holding onto my shares, because I like the development potential and alacran, I recommend this as a short term trade and it has now achieved the desired goal.

If you do choose to hold onto your AZS, this acquisition was not a bad one I give it 7/10, but it’s going to need further work it’s not an instant massive value creator acquisition.