AXM 0.00% 1.1¢ apex minerals nl

Good day for holders, but the best is yet to come IMHO.Let's not...

  1. 304 Posts.
    Good day for holders, but the best is yet to come IMHO.

    Let's not complicate this too much. The market valued Apex at 2cps 12 months ago when the gold price was $1200 and they were mining less than 40,000 tons/month.

    The market now says it's worth half that when the POG is $1600 and they've increased mining tonnage to over 50,000 tons/month.

    At the risk of being seen as ramping I just can't see how this stock can be worth less than 2-3c at current performance. I suppose it all comes down to whether people believe the company reports.

    If POG hits 1800 and they continue to improve production it should be worth a lot more than 3c.
 
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