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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, Gold Peak Property and Unique Property."


TSXV:AXQ - Post by User

Post by ryang999on Sep 22, 2018 11:28am
132 Views
Post# 28670267

If reverse split 1:16

If reverse split 1:16If 1:16 reverse split and the issue is 50 cents, then the current price is too high, should be back to 2 to 3 cents range. Besides, I am not covinced that their time line in their plan laid out is feasible. If they have not finjshed building their cultivation facility now and has not started growing, there is no way they will be able to get both cultivation and sale licenses by end of q1 2019. Plus, it will be a whole lot different landscape in Canadian cannabis sector come 2019. The plan may not hold water.
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