AXT 0.00% 1.4¢ argo exploration limited

Hi Matt747, Did you end up staying on the sidelines or did you...

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    Hi Matt747,

    Did you end up staying on the sidelines or did you have a throw at the stumps on this play?

    I mentioned earlier in the thread that PANR (and by extension AXT) was at the discovery stage of the investment cycle, and that even with poor oil macros any discovery would be very valuable.

    AXT is up 50% today and PANR went for a big run last night on strong volume, all thanks to successful Polk testing. Tyler is still to come.

    IMO when judging the potential of an investment, it's important to identify where your possible investment sits in the investment cycle, even when macros aren't in their favor.

    Congratulations to AXT/PANR holders to date, let's hope the good news can continue.

    Fingers crossed for a great result at Tyler.

    Cheers!
    Last edited by squidd: 29/10/15
 
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