AXM
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0.00% 1.1¢ apex minerals nl

Is Eduard Eshuys waiting for an offer from LionGold? This crazy...

  1. asf
    9,887 Posts.
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    02/09/12
    11:00
    Post #: 10658595
    Is Eduard Eshuys waiting for an offer from LionGold? This crazy share raised capital@ 20c for a turnaround story, then raised capital again recently @ 11c. The share price is now 10c. Market cap of $19.2m. Then we have DGO, also managed by Eduard Eshuys, which supported AXM with funding. Hitting a new low of .006, DGO now has a market cap of $1.4m.

    The Quarterly of AXM looked like improvements are being made, but it seems like a cash burner. Terrible declines for this company that people re-invested in on the reputation of one new man.
    AXM Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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