AVQ 0.00% 2.5¢ axiom mining limited

too true. and not only that but that agreement was a pure...

  1. 8,619 Posts.
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    too true. and not only that but that agreement was a pure offtake agreement. Pre-payment of ore. It was NOT for mine financing. AVQ embellishing once again and people fall for it.

    Speaking of yesterday's announcement so they finally admit they need a JORC and feasibility study
    "Drilling has commenced with focus on grade control for initial pits for mining as well as exploration and resource definition."

    Resource definition. Smells like a JORC to me.

    The rest was just fluff. Everyone is always speaking to someone on some level. Just because they claim it's in advanced stages does not make it so.
    And yet again nobody knows what the capex is. Are they seeking $5m? $15m? $30m?

    Just another one pager without any detail.

    Oh and Axiom have no money so their construction of ore facility and drilling is funded how? How many meters drilling will they do? Air-core? RC? Diamond?
    Maybe they cleared some bushes and call it road construction, maybe they dug a bit with their hands and call it drilling. With AVQ you never know.

    But facts are they have no money for anything so it's all fluff
 
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