for those of you with an appetite for risk vs return..........this has to be one to consider having a crack at.
1. Gold = Bull Market.
2. Resource at Wiluna = ~ 2Mil oz+.
3. Other resources within AXMs' tenements have not been updated recently = overdue for update. Currently additional total over 1Mil oz.
4. Opportunities to improve Gold recovery present.
5. Significant backers of AXM in the form of HSBC Custody Nominees LTD, Bakers Steel Nominees LTD, JP Morgan, Goldman Sachs, M&G Investment Management LTD, AU Mining LTD and SG Hiscock & Company LTD....some of whom have invested significantly in 2011. The majority of these investors, together, make this company stand out separately from the 'DOG' listed companies currently struggling on the ASX.
6. CEO on $720,000.00pa salary in 2011......A company needs its CEO on good money to provide impetus and vision for his team......I believe MA has the skills, vision and mind-set to get the sp up to 10c+ this year. He has a proven track record and will only want to add to his list of achievements.
7. Those investors who run against the trend (downward currently) can reap significant rewards.
8. Don't invest on this one if your spouse is not 100% behind you...most important...
9. $2.6+Mil was spend on Exploration and Evaluation last year.
10. Derivative Liabilities have been slashed to 0 this past financial year.
10.1 If you have a real appetite for risk consider the options which expire in October 2012 and converted@6c.
Given the current financial situation DYOR
www.apexminerals.com.au
Alt Out!
Highlights= Alt changes sentiment from Hold to 'BUY'
AXM Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
