People are interested in the stock purely because it has great potential and fundamentals. They discovered or heard about the stock only recently and have decided they don't want to miss a piece of the action. Pure and simple!
In terms of it being an all or nothing stock. Not true. AXT will be drilling a number of locations. Some may be good results, others may not. GBZ has a number of prospects, some have drilled 1-2% copper some have drilled .1% copper. A nice deposit can be discovered in one or many of these locations of which AXT has a very prospective tenement.
Hopefully all the results are great, xstrata or oz minerals pay big bucks to buy us out and we all get loaded!!
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.