"All I have indicated is that there is a general feeling in the market that AXM has been operating with minimal profits and high costs through to March/April "
yuanyuan, that isn't a feeling mate, its a known fact. There were no profits for that period there were no profits up until May at best but possibly even july. Hence the need for the capital raising, if they were making profits for that period it wouldn't be neccessary so the market is fully aware of that fact.
What the market is now waiting for is costs of May and more importnatly June as they are the first two months of steady 10k ounce output.
jman,
IGR would be less advanced than AXM imo. Whilst i like their gold and they are certainly well advanced and at present have a far more favourable sentiment, its not more advanced.
AXM is a producer with a great deal of exploration potential still to come. Integra is still and explorer. period.
AXM Price at posting:
14.2¢ Sentiment: Buy Disclosure: Held
