Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > THE PROBLEM IS THAT DAVID IS NAIVE OF THIS INDUSTRY
View:
Post by Predator2018 on Nov 03, 2018 7:51pm

THE PROBLEM IS THAT DAVID IS NAIVE OF THIS INDUSTRY

AXQ AS A PUBLIC COMPANY HAS GREAT FUTURE THAN TERRA THAT IS NEAR BROKE.
Comment by atika on Nov 03, 2018 9:52pm
Sorry Predator, Axe as a public company has no future - no money in the bank account after November, 23th, no CEO and no board if the deal is not approved by shareholders. If the deal is approved, Axe will disappear as well ! To keep saying that Teranueva is broken or near broken indicates that you don't know how to read financial statistics. If you look for a job with your multi million ...more  
Comment by Investor4real on Nov 04, 2018 12:57am
SHAREHOLDERS ONLY HAVE THEMSELVES TO BLAME ON THIS ONE!! IF AND WHEN THIS DOESN'T FLY?  ONE OR MORE OF THE MAJOR SHAREHOLDERS BETTER HAVE BOARD AND FUTURE DEAL READY TOO GO!! I HAVE A COUPLE OF PRIVATE DEALS THAT ARE LOOKING FOR A VEHICLE! AFTER PRESENT BOARD LEAVES,THERE WILL HAVE TO BE SOMEONE READY TO TALK TO THE EXCHANGE AND DISCUSS  COMPANY FUTURE! REMAIN HALTED AND ...more  
Comment by atika on Nov 04, 2018 10:02am
Hi investor4real. In fact, possible and doable. First, you need to find the right CEO and to find the right board members to run the company. Second, you need to find a better project than Terranueva and better conditions for the reverse takeover. Third, your people has to have a great credibility to raise enough money to accomplish their goals. In fact, possible and doable. My view is different : ...more  
Comment by Desperado89 on Nov 04, 2018 2:47pm
Atika do you really believe that we have the right CEO? If you do then you ate either more dillusional than I thought or you are definitely not atika but rather Mr. MacDonald himself. So which is it? Are you dillusional or are you Mr. CEO posting here on stockwatch trying to scare people into voting "yes"? Lmao.... pathetic!
Comment by atika on Nov 04, 2018 5:05pm
Desperado. Sorry for the confusion. When I wrote that we had the right CEO, I was not talking about David McDonald at all, but about Pierre Ayotte, Terranueva's CEO that I met twice. He has a very solid background. I don't write on this bulboard to scare people into voting YES. In fact, I do believe we will be in deep trouble if the deal is not approved by shareholders. I don't want to ...more  
Comment by endeavour on Nov 05, 2018 3:49am
Atika, you said you believe we'll be in deep trouble if the shareholders vote no. Well, we're ALREADY in deep trouble as shareholders right now. We're stuck in a stock thats been halted for months on end at a deeply discounted price of 6c. (it touched 16.5c in January) Most investors are sitting on sizeable losses currently and we're about to lose another 50% if the Board's ...more  
Comment by atika on Nov 05, 2018 9:01am
Hi endeavour. I just believe that the " deep trouble " that we already are in, according to you, will be worse if we say no to the deal. In fact, the company will die, unless investor4real commes up very fast with something. It is much easy to say than to accomplish. Now, I agree with you : the reverse 16 for 1 is terrible and unacceptable IF WE ONLY TAKES INTO CONSIDERATION THESE ...more  
Comment by endeavour on Nov 05, 2018 10:36pm
Atika, your numbers are totally wrong. They are not giving us free Rights which you added in as a postive in your calculation. You have to BUY the Rights, so thats an additional expenditure and you have to hope the share price trades well above 64c to make it profitable to exercise your right to acquire yet more shares. "Each right entitles the holder thereof to subscribe to one common share ...more  
Comment by atika on Nov 05, 2018 11:38pm
Well, endeavor, it is not what I wrote. Sorry, my numbers are valid ! 1. There is no curent price : 0.06 cents was the price of the last transaction before the halt trading, but has nothing to do with the current price. 2. Concerning the rights, I supposed the stock was at 1.00$ within three months, so you could have sold your shares at 1.00$ to exercised your rights at 0.64, I mean without making ...more