AXM 0.00% 1.1¢ apex minerals nl

re: are we bleeding out?

  1. 54 Posts.
    I have read with interest all of the recent posts for Apex on this forum.
    Seems the Buyers/Sellers are now set up for a daytrader run.
    The company would only want the SP increased if they intend to raise more capital. Hopefully they don't need it.
    Commentary from most posters is negative and this helps encourage selling pressure.
    The company have not yet released the July production figures. With the stated gold residue in the reactors perhaps the actual figures will be further delayed.
    Meanwhile buyers have been able to accumulate at reducing prices possibly fed by uninformed sellers.
    Release of reasonable/good July figures will certainly see a return of Buyers and hopefully an improved SP.
    As Apex is a new producer working hard to iron out the inconsistancies of production and resultant profit we may be several months away from sustained SP recovery.
    Please, these are only my thoughts. Any investment must be on an informed basis with the investor willing to accept the risks.
 
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