Crack and friends - This industry is cyclical - AXM was a Creasy...

Crack and friends - This industry is cyclical - AXM was a Creasy shell co. It had a cinderella period where it rallied from 5cps to $1.40. It held these gains for 12 months - 2 years.

Kagara, another shell company - Went from $5m mkt cap to $1.5B in 2007. Amazing.

This junior end goes one of two ways - either you are bought out and called a HERO - Think Jubilee, Jabiru, or LionOre.. Alternatively..

You ride the cycle too long and end up like KZL.

Its cyclical - SIR goes higher first, the risk comes when we see $1.50 - $2.00 my view.