Straykiwi,Due to the fact that that these small stocks are...

Straykiwi,

Due to the fact that that these small stocks are initially news event driven, they will drift down slowly on no news and lets be honest the market has not exactly been on fire of late!

Before the GFC AXT was trading up to 70 cents on a couple of drill results, now finally the wait is over and the follow up drill results to those original results will be out shortly. If you read some previous posts you will see that IHAD8 produced results of 1% to 2.8% copper and this hole only 'grazed the edge of the gravity feature! So with the next hole expected to deliver significantly better results you can see how the share price will easily treble on some half decent results and that is only after one drill hole at Winjabbie. There will be more to come. A market cap of 8 million is tiny and gives it the potential to easily multibag on good results!!