In the circumstances this is a good outcome for AXO...

In the circumstances this is a good outcome for AXO shareholders. I think that in time those that bought in at over $1 will get their money back plus some.

I sold out my 100,000 holding, which I bought at 29 cents, in December 2008 for very little. Bad mistake.

AGO is a good company to own and has solid management. (I sold my AGO shares to offset loses on some other holdings in 2008.)

Good luck all.

loki