anyone who sell their shares at current level will regret very soon that they miss once in life time chance of ten-fold their investment.
share price assessment
worst: axm keep losing money, and be taken over by others. with 3 million ounce gold resource,market accepted value is $50*3million=150m, that's equal to sp of 3 cents. it's a very conservative calculation without considering that axm is a gold producer, not a explorer. (where$50/ounce come from?, it is current level that average bidders are willing to pay for a takeover of gold explorer.it's also been confirmed by AXM's Gidgee project deal with Panoramic resources in feb. 2011.)
AXM Price at posting:
0.9¢ Sentiment: ST Buy Disclosure: Held