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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 endeavouron Nov 03, 2018 1:04am
56 Views
Post# 28918431

RE:RE:ATIKA - WHY ARE YOU SO WORRIED OF NO VOTE?

RE:RE:ATIKA - WHY ARE YOU SO WORRIED OF NO VOTE?Atika, that is plain wrong.
The company has cash, it could choose 100 other better deals rather this this current one with Terraneauva. I'm not saying there is anything wrong with Terranueva as a company or acquisition target, far from it - but simply that the deal for AXQ shareholders is a terrible one. Diluting us by a further 50% after the stock is already at bargain basement prices with most investors sitting on large losses. I figure if the deal goes through the majority of investors will end up down 75% or more and yet Management will have a new vehicle in which to profit from. It sucks, its a horrible deal and I certainly won't be supporting it.

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