daytrading april 18 morning, page-70

AXE one to watch.

Michael Feller from Eureka report wrote an article on 13 April 2012 titled 'Under the Radar: Pencil This In'.

In summary, he made references to AXE, SER and SYR and the Canadian graphite companys. He indicated that he had missed the boat on SYR but there were others to watch including AXE and SER. He described SER's deposit as a cracker but had some doubts over their structuring of the Uley asset and 80% spun off into a subsidiary Mega Graphite.

He then highlighted AXE's massive and promising 100% portfolio and the Campoona and Sugarloaf discoveries and suggested that AXE of all three shares presented the best opportunity for those looking at graphite shares.

His last line 'Having missed the boat on graphite once, I wouldn't want to miss it again' indicates to me he has bought into AXE.

All very promising and the Eureka report has a large subscriber base.