RE:RE:Axu all "blue sky" and is it a "CHEAP" sale?"... and when I should have known to bail."
You couldn't have known - until they suddenly couldn't give the promised guidance (5/12), and by then it was already down to a buck. The crash started in March, from 2.50.
Maybe a clue was when they said they were fully funded for a year, cash flow positive in Q1, but then did two money raises in early '22, at 2.70 in January and 1.75 in April. They mention in the Q2 Report (8/11/22) that
"On April 13, 2022, the Company completed a non-brokered private placement offering with an affiliate of Hecla for 7,473,495 common shares at a price of $1.75 per share, resulting in gross proceeds of $13,078,616", so that indicates at least that negotiations (rather than a public offer by Hecla to buy) were already underway, probably for some time.
...
Analysts are worthless - they just make linear projections untill stocks fall off a cliff or soar, then revise their numbers the next day. But Cormark still has 1.20 (May '22), Canaccord 3.00 (March '22). I guess they're still sleeping.