1. AXM is looking at an inital 120k ounce output and then ramp up from there IGR is looking at 80k and then ramping up to 120k.
2. AXM shot up well over $1 purely on advanced exploration success and a plan to mine. The same position IGR is now in. Should IGR succumb to any problems with their production they too will feel the wrath of the market. In no way am i saying they will, the infact have the odds with them due to the type and grade of gold but it is a possibility.
regards Davo
AXM Price at posting:
14.2¢ Sentiment: Buy Disclosure: Held