They have been talking of having a $500 margin for the last 6 to 12 months yet they mysteriously were still bleeding cash? and were still not increasing the bank balance. I prefer to believe what i see not what they tell me. Apex often talk about gold produced but when you drill down you find that figure is completely different from the actual gold poured, and this is the only thing that counts.
They have a history of creative accounting and outright lies so be carefully. Anyone who thinks that having a good knowledge of this companies past history is a negative just plain deserves to lose their money.
AXM Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held