IF Winjabbie East "comes good" then AXT's sp will go much higher than 16c. IF Winjabbie East fails, AXT's sp will go much lower than 9.5c (current price). So holding onto AXT (as I shall do or perhaps even buy some more if AXT's sp will temporarily ahead of the next drill go down some more to a more attractive buy level..) rests purely with you resp. depends on your views/expectations and risk-taking willingness to get resp. stay invested in AXT. JIMHO, of course. wasa P.S. I expect the chance of success at Winjabbie East to be higher than 50% - rightly or wrongly. Comments welcome as usual.
AXT Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held