RE:Down to a buck AXU comment on Yahoo
Husky,you've been bashing this company since you sold and your posting history details that.
There are 150 m shares outstanding,which is normal and even decent.
The company pi$$es me off as Mgmt tend to act as majors do and that is they do not promote themselves or release drill results like a junior company does to keep the market interested.
Industry insiders have said the same thing to me and it hurts the company's valuation.
The latest round of financing provided the company with enough capital to meet their objectives as they convert from into Bermingham ore. Their burn rate is essentially flat as all the major components of the mill have been purchased.
Those funds will be used to purchase another silver project as the company have continuously stated is their goal.
As the company ramps up to 400 tpd bashers like Husky will be seen for whom they are.