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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 > Another powerful argument to vote YES
View:
Post by atika on Nov 04, 2018 10:20am

Another powerful argument to vote YES

Predator 2018 is concerned by the financial situation of Terranueva, saying that the company is almost broken.
How could he explain that Leede Jones Gable, a well known broker in Canada  will promote this deal accross the province of Quebec in order to raise 4 million $$ ?
How could he explain that at least three other brokers will participate to the deal in order to interest people of Toronto, Calgary and Vancouver ?
Brokers don't sign any deal if it is not good for their clients. It is a matter of credibility and business.
So, they must have made a rigourous evaluation of the transaction, especially of Terranueva, before signing their name on the term sheet.
Leede Jones Gable is much more credible than Predator !
Comment by Desperado89 on Nov 04, 2018 2:36pm
I love seeing this... the smell of fear in management as they realize they don't have the votes needed to push this horrible deal through. The last news release speaks for itself..... it was a hail Mary plea to shareholders. The CEO should have though about how to make this deal acceptable to shareholders before he so ignorantly signed on the dotted line. There is a lesson to be learned by him ...more  
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