Argonaut/Straits with their Lake Torrens project, and now Argo/Xstrata.
Despite AXT's rise over the last few days, it has only added approximately $2m on to the market cap. Providing Xstrata get on with drilling soon, I believe we'll reach 10c comfortably and on speculation during drilling, who knows?
Low market cap just above asset backing, in-bed with Xstrata with drilling to commence soon on significant IOCG targets. It seems the market is finally taking notice.
A heap of upside and limited downside IMO.
Good luck
AXT Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
