AXM 0.00% 1.1¢ apex minerals nl

all r screwed, page-61

  1. 6,475 Posts.
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    Rather a worry when the best reason to pump more money in is that others, with a poor track record, misleading conduct and a possible hidden agenda, are doing so. Something still smells about this whole episode. Fact is that the upside is not apparent (best case, which would be an AXM first, I could envisage is 8cps in 12 months) and the risk of receivership within 12 months is high, say 50:50. The Casino is probably a better 'investment'. I recommend Red.

    Would you recommend AXM to your Mum? If not then why yourself? To recover past losses is not a good reason. This is going to be a pump and dump for sure. Spec it only with (more) money that you are prepared to burn or at the best double. Write off the previous loss for good, as have I.
 
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