AVQ axiom mining limited

Yet Again, page-4

  1. 3,848 Posts.
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    Yes fingers xed that the SP holds and there is news in the next day or so....or at least an update with some tangible direction or its back to the teens real quick.
    The problem with Axiom is far to much speculative growth and no tangible growth.
    Artificially stacked on the buyers side with brokers pushing up a pip on the close showing a false uptrend of late is a worry.
    MC of $76ml............
    *West Guad. Not economical to mine at this stage and no capital to commence another exploration program.
    *QLD leases Unecomonical better to sell off to MNM
    *Vietnam. Sunk.
    ...........with no leases, no money, high sovereign risk, BOD that cost sher's a fortune, all on C&M and no income stream....not sure how the market values Axiom at $76ml.
    AIMHO
 
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