why would xstrata be bothering! the area is immediatley north of mineralization there has been drilling near the boundary and as you state above reasonable deeep grades. why though the decline from 07/08 to now, more shares but... lying in wait you think for xstrata to be ready which the are now?
have read all there reports and saw this rising slowly 2 or so months ago, similar to rxl in the jv and then decline in sp. do these have the credentials or just pumped and then simmer for years?!
im no expert, you guys would be in comparison hold both
AXT Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held