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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

TSXV:AXQ - Post Discussion

AXE EXPLORATION INC > Wondering why
View:
Post by Manakai00 on Oct 11, 2018 10:40am

Wondering why

Since the announcement of their so called 
business plan on July 25th, the company has
NOT taken the initiative to post an “update”??
Maybe Atika should ask his buddy at head office
why no update in almost 3 months?
M
Comment by atika on Oct 11, 2018 10:54am
Manakai00, your message will be transferred to David McDonald. In fact, we all need an update on the proposed transaction. We need financial projections, game plan, permit, composition of the board, etc. I understand that without those numbers, it is difficult for any shareholder to vote in favor of the transaction. I had the opportunity to see by myself some of those numbers; this is why I am ...more  
Comment by Happy2K18 on Oct 11, 2018 11:07am
412/5000 Mr. Atica, if you have 20,000 new shares, you would be entitled to 25% in options, or 5,000 options. This would demonstrate a mark of respect for the shareholders who trusted you. In such a senario I would be for splitting. If you have confidence in your project, it would be normal that we would have no risk to reinject new money, the risk we took later
Comment by atika on Oct 11, 2018 11:17am
Happy2K18, 1. First, it is not my project ! 2. Concerning the numbers you are referring to, it is not my decision.  3. I can confirm to you that Mr McDonald received the message a few days ago.
Comment by Happy2K18 on Oct 11, 2018 11:26am
It is only an honest and unifying proposition. It would show some compassion. For information since you are in communication with them, and this without obligation on your part
Comment by Desperado89 on Oct 11, 2018 5:43pm
If true as you say that this is the best deal that Mr. Macdonald could get then he is a shitty negotiator and not worthy of being a CEO of a company. But I think it has more to do with the fact that he doesn't a significant amount of shares in the company so he really doesn't care about the shareholders that do. So he has taken the attitude of scree them and I will get the best deal for ...more  
Comment by atika on Oct 11, 2018 6:44pm
Hi Desperado. You have a very bad opinion of David McDonald. I am not saying that you are right or not, but you certainly have a stong reason here to vote in favor of the proposed transaction with Terranueva in order to get rid of Axe's actual CEO ! As far as I am concern, I will vote in favor of the deal not to please Mr McDonald, but because it is a very good deal in a growing sector and ...more  
Comment by Desperado89 on Oct 12, 2018 12:43am
Atika you need to stop selling this deal to all of us here on the billboard. It's a lousy deal and no selling it will change that. There are no positives for existing shareholder. Period.
Comment by atika on Oct 12, 2018 9:01am
Desperado, it is your opinion, not mine. I keep noticing that you have no arguments concerning Terranueva. If I understand your critics of the reverse take over, I read nothing on the second part of the equation, I mean the potential of Terranueva. I will try to convince Mr McDonald to give shareholders all of the informations needed to make a rationale analysis of the transaction. Sorry, I don ...more  
Comment by Investor4real on Oct 12, 2018 9:38am
No updates! In how long? Has that made the situation better or worse? How does a CEO end up owning so few shares of the company? Why not spin out the mining projects and give shareholders a dividend instead of  selling them too his other company, Typhoon Exploration Inc. So many positive things can happen here, but silence is not one of them!!!!!
Comment by divot111 on Oct 17, 2018 3:14am
You say you bring useful information to the board? All you are bringing is potential based on numbers and projections that you keep hidden? What are the numbers axehole? Why does there always have to be at least one of you shyteheads on these message boards? Why anyone entertains clowns like this  by trying to have a conversation is beyond me. Call phonies out like this for the idiots they ...more  
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