If management can turn this company around I would expect the share price to be a lot higher than 2.8c.
If you go back 2 years, rather than 12 mths, the share price was about 8c at the same time the POG was just under $1000 USD/ounce. I think this equates to a share price today of a bit over 11c allowing for dilution, to reach the equivalent MC.
If gold operations, production and confidence in management starts to return this will take off. I wouldn't be selling at 2.8c. Especially if the POG stays in the 1800-2000+ range.
AXM Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
