The high volumes over the past few days and the reduction in SP accordingly seems to be due to quite a few entities taking a position rather than a general "sell down". There seems to be a reasonable level of support and quite a number of crossings. Perhaps many are positioning for the quarterly due by end of month. This stock has had a lot of negative sentiment especially on this forum by parties declaring "no stock held". Could also be just "downramping". I still will hold for the quarterly and hope for some improvement. Sale of Youanmi can only be a plus if funds are not available to develop it. It will save cash drain for tenement charges and may generate some much needed cash. DYOR
AXM Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held