The only ones who have made money from AXM have ben those who "arrange" loans- they get a finder's fee- go figure. However, it is high risk money, because surely those who actually financed the company would come after the loan arranger to get some money back? I would!
It's a special day for AXM today- they consolidated .002 to 20c and the share price is now 2c. The market just does not believe.
Anyone think it is possible that Wiluna will get $50m in a sale? It would be great for holders if they did. It's just that there are so many cheaper mines for sale right now. This company is a real worry.
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