Excellent rise today, but not really unexpected... A few of us on hear have being saying that this revaluation would start... For the last few weeks the buy side has been stacked up and now people are being forced to buy at market..
The drill bit would have been turning for 3 weeks come this Wednesday... News cannot be far away... AXT remains an excellent risk-adjusted opportunity through the mitigation provided by previous drill results and world-class JV partner...
I believe the market is only beginning to wake up to AXT potential and at 16c the market cap remains only at $13m resulting in the Company still being significantly undervalued..
Looking forward to the days and weeks ahead.. things are only just beginning... :)
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