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Bullboard - Stock Discussion Forum 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... see more

TSXV:AXQ - Post Discussion

View:
Post by bayman1 on Dec 13, 2017 8:48pm

Why

would this open higher tomorrow? This is a mineral exploration company which failed miserably and has no idea where it's going. News release very iffy. Why would anyone think this is going to .15 or higher tomorrow. Based on what?
Comment by toottoot on Dec 13, 2017 8:58pm
Why you ask? Because this play is the same as CONE Same kind of news, same same CONE hit 50 in 3 days https://www.stockwatch.com/Quote/Detail.aspx?symbol=CONE&region=C
Comment by Therealdeal14 on Dec 13, 2017 10:39pm
Because people are naive and will buy anything when blockchain is mentioned. Classic pump and with info leaked prior to their loi with themselves. The impact of these pumps will fade quickly though as they're getting overplayed now.
Comment by Fejjy2016 on Dec 13, 2017 11:20pm
Thing is with this much cash on hand AXE could easily help fund an existing outfit or just pump the money into something already established. 
Comment by MiksPiks on Dec 13, 2017 11:39pm
Spiked and pulled Back /Set up Nice, maybe some crying tomorrow when they can't get in / Good N Tight now. Only 55 mil out. This (could ) be a 4 day Run. GL.
Comment by MiksPiks on Dec 13, 2017 11:44pm
Volume says it All.
Comment by Fejjy2016 on Dec 13, 2017 11:53pm
Ok Miks, so what specifically is the volume telling you considering the news of this kind?
Comment by MiksPiks on Dec 14, 2017 12:09am
JMHO / It traded 16 mil on the first Spike last week/ then will say another 8 mil on the pull back/ Now 45 mil or so. The Float is only 55mil. I think whoever wanted out had 2 chances.. they have cash so P.P. not needed down here. The Trading Frenzy today . Did someone leak, something ? The Traders' // Shorters' // The Buyers / Explains the Volume/ Good some people made a couple pennies ...more  
Comment by Fejjy2016 on Dec 13, 2017 11:46pm
I sheet to say it because I have slammed them for not doing anything, but now look, ok they don’t have an idea yet but this considering the current global Blockchain crypto reality, it’s basically a GREAT opportunity for any company or would be out fit to approach AXQ for a joint venture. It’s actually really exciting, If....big If, it’s nit all smoke n mirrors. I took a small position mid run ...more  
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