jesimore you only needed to study the 31 dec balance sheet and march quarterly to know more capital was needed. I did it in my head in 15 minutes a week ago
to be quite frank, if you can't work stuff like this out then stick to stocks like TRY, DOM, SLR:
all have:
no debt
low cash cost
proven iash reserves
plenty ofexploration uopside
no need to raise capital and further dilute shareholders
I would love to see AXM succeed, but I'll let others enjoy the success, I'm staying well clear, there's better form elsewhere.
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