AXT
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0.00% 1.4¢ argo exploration limited

MC 9mcash + investment 4mEV 5m, which I reckon is still very...

  1. treasurehunter
    12,503 Posts.
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    20/02/11
    14:28
    Post #: 7921946
    MC 9m

    cash + investment 4m

    EV 5m, which I reckon is still very cheap

    the volume is rising but Fri's volume was attributed to a dump not buying action

    the pre-drill action will be interesting to watch

    clearance received for a couple of prospects

    Xstrata confirmed drilling start end Feb, early Mar.

    1-2 weeks to wait

    If we see a rally leading up to drilling, this will be the last opportunity to take a free carry into the drill waiting for result and have your fingers & toes crossed that xstrata brings luck.
    AXT Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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