Couldn't agree with you more on the need for better PR.
In response to one of my earlier posts/question regarding the magneto-teluric survey announcement in the quarterly, Crimsoncarp replied:
"the outcome of the magneto-teluric survey does not suggest if there is anything there or not.
It just proves that the methods used are not suited for target aquisition on this terrain.
Exploration companies experiment with different tools all the time many of which prove to be incompatable with the terrain/target in question."
Keeping the above in mind, the company could certainly have done a much better job of presenting the information and possibly avoiding the relatively sharp drop we saw afterwards.
Given the risk/reward ratio, it certainly seems like we should be trading at a higher level (I think Gizard's expectation was 16cents just before drilling) rather than struggling at the current level. Nonetheless, agree with you on the risk/reward propostition.
AXT Price at posting:
10.0¢ Sentiment: None Disclosure: Held
