RE:RE:Silver Institute Data Challenged By Keith Neumeyer - BradforGreat post. We seem to be around same age .you are right about Axu going up and down. I been a long time invester got in heavily for me at the all,time low. Company has since grown by 10 x it's reserve. They had a good plan for starting up again. But one has to look at the facts. The,pandemic has costed time and money to Axu, Further she is a darling of the short traders both in Canada and States on downday they are having a field days. It is predictable at what time every trading when shares goes down.
I firmly believe if silver price is set free as it is the only commodity not having gone through the roof and is being utilized more than some which have exploded upwards. Axu will catch a bid. FR is down close to 50% from top. Same as Axu a darling,of the shorts. So mix the 3 together Pandemy, shorts, silver price kept lock in. It is not all management fault and certainly does not make Axu a bad company. Time will tell. Luckily,I am still over a dollar in the green. Not happy being down so much. In retro speck should have sold out at $4 wanted $5. But like management did not foresee the pandemy.
This was my most best trade ever a $4.40 last year could not believe my numbers kept a picture of my trading account and had a sell price of $5 set in. We were so closed and it proceeded downward. Now I still believe in the company will wait to see Q3 and Q4 hopefully the pandemy will,take a brake. But as of now it is heating up again but at least no lockdown but creating big problems within the delivery chain. So will take 2 quarters to assest. if silver launch anywhere with the price range of $30mto $35. Axu will reach my original,exit,price,of $5 which would make it a 10 baggers.