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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

Comment by atikaon Oct 28, 2018 11:13am
77 Views
Post# 28884028

RE:RE:Update this coming week

RE:RE:Update this coming weekI cannot give you an exact answer. What I know is that David McDonald listened to the complaints of the shareholders. I had many conversations with him and I tried to let him know that he had to do something because a 16 for 1 reverse split was unacceptable for shareholders, even if Terranueva is still a great opportunity for us. Remember that the junior mining sector is completely depressed and it was a question of time to run out of cash. Look at Typhoon, the other company of Mr McDonald and you will understand that Axe had to do something " now ". I am glad that he did because I see the potential of Terranueva as a major player in the cannabis sector. By the way, my guess is that we will get something as a 10 for one equivalent, but a guess is only a guess !
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