Post by
GreyWhiskers on May 20, 2022 10:21am
Lookin4doubleD's and your other double
At least you make me laugh. :) What are you complaining about? it's up .0064 better take your profits. It's all about the loyalty and honor, right? But bet you guys are hoping to take your baggers as soon as you can and leave the rest stuck. LOL
WPM involvement in Axu is like getting more overburden. WPM's pretty smart and they like to make profit. Nothing wrong with that, probably a better investment. LOL Axu was in a corner financially when the deal was struck. In fact the first deal was so harsh they had to re-negotiate to one in it's current form.
The amount of shorting going on is like what a few %. There's not enough here for traders to bother. LOL
The financials do not make a pretty picture and certainly do not inspire to buy more. Go ahead buy more, feeling lucky? It's a classic.
I see comments by promoters of wishfull thinking and dreaming that the rest of the Q's will be in the green and all better than the last. Lots of "if this" and "if that", so far Axu's been dreaming of Blue Sky's. Like one day the markets will open and Axu will be a gamestop. LOL Axu as other aso have noted is a long way from that. This stock has been a staircase up and elevator ride down.
Most likely Axu has or will have increased cost, just based on current post pandemic conditions and the increased costs just carry forward, even if they jump to 400 TPD tomorrow may be likely increased shipping costs, increased labour costs, increased rotation costs, increased labour costs, increased food costs and a dozen more I can think of based on what is currently happening. Axu has not even come close to providing guidance on how that will be accounted for. Axu states they need more on the payroll and the requirement to offer more to attract staff.
Axu plays things pretty quietly LOL, less things to answer, Smart but it's a classic.