i don't mean to add fuel to the fire (I was holding AXM and got out on the rally at 11 cents recently)
what tipped it for me was missing the forecast of production costs. they may be good operators, but if they were as good as you say, production and costs would have gone hand in hand.
now they are saying they want to open up more productions zones. more zones does not mean more production or lower costs - unless they are each of similar gold content. SBM learned this lesson the hard (and slow) way.
contrary to your comments, i'm not seeing anything that inspires me to get back in - results for production up and production costs down would. I wish holders well.
AXM Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held