Yes I agree, Apex has been a dog In the future they may have upside of high gold price. They also have black holes of money (super entitlements paid late, suppliers putting them on stop credit, maintenance on powerhouse, unfunded tails dam) and a high staff turnover (including people at the level of Met Manager and CFO) I am not a negative person generally but look at history, this stock has gone nowhere but down. If you are a risk taker and want to ride the price of gold there is another way to do it which is to buy physical gold (Perth Mint Gold, code PMGOLD).
AXM Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held