Is Eduard Eshuys waiting for an offer from LionGold? This crazy share raised capital@ 20c for a turnaround story, then raised capital again recently @ 11c. The share price is now 10c. Market cap of $19.2m. Then we have DGO, also managed by Eduard Eshuys, which supported AXM with funding. Hitting a new low of .006, DGO now has a market cap of $1.4m.
The Quarterly of AXM looked like improvements are being made, but it seems like a cash burner. Terrible declines for this company that people re-invested in on the reputation of one new man.
turning the corner (finally), page-16
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