aussie gold up 30 dollars

axm down 5%.

axm is a gold sleeper imo. funds paid over $100 million at 4 cents and would have conducted extensive due diligence on axm operations. the sp will reflect the effect of better performance from the world class ore body at wiluna in due time. at current gold prices axm are making 500-600 per ounce. by this time next year axm have stated they will be producing 140,000 ounces per year. if they achieve this then the sp will be multiples of 4 cents. cant find a better gold play at this point in time