gold on the rise, page-5

sp

with respect...I understand people wanting to see some cash costs. It certainly has attracted speculation.

Let me ask you this
How do you interpret the statement that commercial production was achieved in April ?
For mine the difference between commercial production and non commercial production is cut and dry, one is profitable and the other is not.
Right throughout both releases the language is positive and there is much talk of targets being met and forecasts being matched.
IMO the company has not released cash costs because they have only achieved targeted and steady production during the month of April, any figures released at this stage would imo be misleading and not a true/accurate indication of profitability. In other words those figures would be of no use to anyone contemplating an investment in AXM. Once a full period (month) of data is available no doubt the figures will be released.

IMO the selling is easily explained by the presence of a distressed seller.