AVQ 0.00% 2.5¢ axiom mining limited

'solomons dispute [axiom] mining licence", page-58

  1. 5,887 Posts.
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    Stockplaya,

    "the profit Ive already made when it doubled from 3.8 cents which i initially purchased my shares at."

    Congrats on the profit!

    I was thinking the stock might actually tank on this ABC story - you know, buy on rumour, sell on fact. I hope it all works out, but given that they haven't explained how they will mine it, haven't said when JORC is coming, and haven't explained how they'll make a profit, and then we add the political/legal problems, this stock isn't as exciting as it initially appeared. Also, the company seems a bit sloppy. It gave non-JORC figures and so got into trouble with ASX, then it said the project "looks very robust economically" without giving any costings.
 
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Currently unlisted public company.

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