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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

AXE EXPLORATION INC > Market Instability
View:
Post by Manakai on Feb 13, 2018 2:17am

Market Instability

I’m sure until the world markets stabilize
we won’t see much of an increase of the SP.
Threats of rising interest rates will shrink the
ability of Mr. Omorosa’s ability to raise funds 
to enhance AXQ’s forward move.
Trumps budget putting over a Trillion dollars
into the USA’s military and “ building his insane 
wall” should move the markets down in the long
term as the USA’s credit rating has dropped to
BBB.
Selling into this downturn is a mistake at this price
level but if your looking for a quick double/triple
you are dreaming no matter what stock you own.
If your stock is paid for hold it until better times.
GLTA
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