AXM 0.00% 1.1¢ apex minerals nl

be confident, page-44

  1. 407 Posts.
    New to this stock. Done a little research. Still a little wary (mainly due to current market volatility).

    Can anyone give a brief overview (pros/cons) of this one.
    It appears it is trading near its all-time lows?

    Any thoughts

    The SP of this Company hit $1 two-three years ago. It is now 1.7 cents. They have had continous CRS and continous operational problems. With gold at its current price one would hope they can now mine profitably.However there is over 3 Billion shares on issue so I would hope there would be no more CRS in the near future because it has already been massively diluted. AXM has been bleeding slowly for the past 12-18 Months.....lets hope for a turn around but Im not holding my breath on this one. Once bitten twice shy scenario for me here.
 
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Currently unlisted public company.

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