GREY:ADEXF - Post by User
Comment by
greenandgoldon Sep 22, 2011 11:39am
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Post# 19071894
RE: RE: G&G RE: Roche Bay Buyout
RE: RE: G&G RE: Roche Bay BuyoutWho can know the future? I've always said that AXI is very, very cheap right now if it's a future producer. If AXI reaches production your current stake could be worth 100X or more. That would be an incredible, life-changing return on investment in 4 years.
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But my campaign here has been to convince you that the odds are definitely stacked against the project (yes, they can beat the odds). And I really don't like how management doesn't communicate enough about the most pressing issues. What's the target date for signing the JV agreement? What's the update on the Roche Bay drilling program? Who exactly is currently paying for the feasibility study? Do you have the $20 million from XinXing or not? An investor shouldn't have to wonder about these basic questions.