good one mna ;)i will make 3 comments and let everyone take part...

  1. 4,326 Posts.
    good one mna ;)


    i will make 3 comments and let everyone take part in speculation as i feel we are regurgitating the same converstaions time and time again.


    1. There is no way MA could have told mackstart the cash costs, that is insider trading. It is highly market sensitive especially given the situation we are in.


    2. The company has said costs will be released next month. Until then its all speculation and waiting, sure its hurting the SP short term but we can't do anything about that. I've detailed in full in past posts where i think it will sit. I can understand why people are anxious, i can understand why people are selling. If you are a short term trader you will see things differently from a longer term trader. Pick your positions now and stick by them. If you think its going to 12c cut and run, theres plenty of 12c companies that are going to 30c, choose one of them.


    3. I do not believe AXM will go belly up. period.
    tell me i've got my head in the sand, thats fine, if I'm wrong i'll cop it sweet. I have two reasons to support this,
    1. Creasy, he knows the intricacies of AXM and he stumps up more dollars. infact freeing some from a play as good as IGO.
    2. They spun off the nickel assets. that tells me they are confident in gold alone.


    regards
    Davo

 
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