From explorer to producer is a huge leap, folks who have done their own research see AXM has a viable future with a great onshore resource.I don¡¯t think they see its future though rose tinted glasses. This is the hardest time, along the life cycle for any producer, I guess this is lost on short term profitesters.
The passions of some folk in a negative manner, makes me think my decision to stick with AXM is a fair one, and perhaps they just want in at a cheaper price. The week after this one will be the interesting one, but at least some consolidation post 20s, just, this week would be nice.
I think AXM will return a profit, and hope to see a transparent process and long term strategy for the road ahead, then atleast a better SP for investors could be seen.
AXM Price at posting:
14.2¢ Sentiment: LT Buy Disclosure: Held