Personally have serious doubts about stone completing their existing offer-all chinese smokescreens and pantomomes to seem big for CRE posturing,i really wonder? By the time approvals are settled they will have been long cashed out of CRE. That's what you do when you've got $2.5m available for trading.see stones sedar filing 17th this month.Plus i think 600k? of that was a recieveable loaned to director interest free? from the same filing
we'll see if they're just margin traders doing a bluff and buying CRE on borrowed money,or i'm hillucinating. Big stone takeover in HK was worth US$1.5m? from memory and as i've said before their current global exploration budget would buy you a car.Still if your paying chinese nationals to do it at $2000 for a geologist,maybe they're getting real value.
If they give me cash,they can have axm for 2c. AS LONG AS ITS CASH.
AXM Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held