stock valuation of axm on etrade, page-5

  1. 1,074 Posts.
    "Amazingly they value the stock price @ 1.047"...Tell em you're dreaming.
    With the sp below 3c the stock market is telling a completely story. Really this company has struggled from day one and things don't look like getting any better. There's needs to be a complete board switch.
    What worries me is that if AXM can't make much money with gold above US$1,000 per oz imagine what will happen if the gold price falls from here.
    Sorry not to paint a positive pic here (I rarely am negative), but I've also been burnt with SIR with its close connections to AXM. Other than that I've had a great financial year trading thus far.
    DYOR
 
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