Just thought i'd throw this idiots logic into a normally...

Just thought i'd throw this idiots logic into a normally negative conversation for those who prefer a simple view.
14koz at $1700 = $23.8m versus $18m for the last qtr
every extra $50 above this = $700k QTR
Gets scary,if axm can actually get another 1000 oz out per qtr or MONTH.

Then again,i'm sure new owners and more cash invested wisely will make it the 100koz+ operation it should be.
That'd be an extra 40koz,or 800oz per week.
The time for playing games here,i'm sure will be forced to a productive end given the current POG for current shareholders.

Either existing management do it,or the next lot in control WILL.

Don't think others haven't run an external ruler over this place and the only real issue is getting the ORE to put thru the mill to stop the stop start nature of its running.

unless the plant has been significantly modified,there is a parrallel circuit for conventional ore going to waste,in a world where operating MILLING CAPACITY is the greatest asset a miner could have and who's within trucking distance?
Someones just picked up major growth potential for $15.5M from APEX,but that involves recommissioning with a two year timespan mentioned.
Others have speculated that another play may come from there.
Take your pick,but two years may be too late to catch the peak of this current GOLD bubble.
Plant capacity is needed NOW,that's the production constraint for every miner,NOT HAVING ORE.Ore above or below ground may within the next few years be A DEPRECIATING ASSET as every month goes by and the price drifts down.

DYOR.Interesting graphs-dow/gold ratio.Overlay American dates in war mode and it all makes sense.America will be extricated by 2015 after 15 yrs as it has done before.
Gold will also do what it has done before each time.DYOR