RE:Video (3m43s) With AXE VP Mike Tourigny From Santiago CHILE The AXE team seem to be getting their story out there which is great. Still no update on raising the 5 million to complete the Marwayne test. Stock price is still in the toilet however with the added exposure I feel eventually it will start moving up. I really thought after attending the two conferences in Houston and Washington we might get a small boost.
I wish the company would update us on where we stand on raising the 5 million to complete the test.
My worst fear is the 3 initial investors are not impressed enough to increase their investment. Let's be honest an additional 2 million each is chump change but they don't seem to eager to pony up.
i can only assume that's why they are putting on the big push into other industries because they don't see a clear path forward in the oil sands.