The market cap at the moment is a mere $11 million. wheather they raise the funds or not(which im sure they will) i think that the company's net assets are worth at least double this amount. So for all you nervous nellies out there this is a very safe bet at these prices.
Navagator resources raised over $20 million only a few months ago for thier Gold projects so i can't see why this would be a problem.
I can see this one going for a run up to 0.007c once the fear subsides, keeping a close eye on it.
AXM Price at posting:
20.0¢ Sentiment: Buy Disclosure: Not Held
