all r screwed, page-110

Too many investors failed to be objective about their investments in AXM and refused to believe that anything could possibly be going awry with the company imo.

I made the following post in early May when AXM was 19.5 cents - a luxury price compared to today, but still a sickly price at the time:

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"to me announcement read very well"

My comment:
You must be easily satisfied. Would the announcement "read very well" if you were also told that cash costs per ounce of gold production were US$900 per ounce? Or higher?

The cash costs per ounce, whatever they are, had to be provided with the announcement. Because if they are not it naturally invites, rightly or wrongly, negative speculation.

So instead of looking through rose coloured glasses maybe ask why the cash costs per ounce were not provided. Do you think the cash costs per ounce would have been in the announcement if they were a low US$300 per ounce? I think the answer is pretty obvious to that. So why weren't the cash costs per ounce of gold production in the announcement?

This just possibly might also give a clue to the low share price?