incessant decline, page-2

I check in every week on AXM, every time I think to myself gee that looks cheap, but am thankful I didn't buy into it last week..... I bought in at 9.5c a few months back and was lucky to sell back out at 9.6c after it didn't rebound back above 10c as I was expecting it to...

Seems all that would be left is old holders desperate to recoup some of their losses. Personally I see it too risky to buy in now, it would be a punt, not an investment.

At today's close AXM is priced at $26 a resource ounce, I'd rather put my money into a promising junior like AAM who's priced at $36 an ounce and is targeting around $600 cash costs.