The new Operations Manager for AXM, Allan King, looks like he's got the goods alright. A quick look at the Resolute Mining website will reveal this. producing ~70k ounces of gold per quarter from at least three separate global sites. Unhedged and full steam ahead. What I like about this is Allan KIng has a proven knowledge of how to pull a more complex gold mining operation together at an operational level.
I can't see how Mark has got flies on him over this recent 'acquisition', shows serious commitment and forward thinking.
Of course the proof shall be in the pudding.
I admit I'm sitting on this one until it starts to remotely reflect it intrinsic value.
Alt out!
AXM Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held