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AXT - Argo Exploration

Ken

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22 August 2005
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gday,

uranium, nickel, copper.

is anybody getting on. popped up today. considering posting away for a few units.

issue price 20 cents.

thoughts...
 
Re: AXT- argo exploration

intercept hill....

anybody?

i think it will open over issue price. they are not raising a lot of money really and the top shareholders on a good piece of the company. I rang the registry and they are already well oversubscribed.

I got a feeling they will be sending me my cheque back.

might buy in on open.
 
Re: AXT- argo exploration

i've read the prospectus, not impressed at all,because states unclear and is hard to read, no one knows the IPO open date, sorry i wont touch this one, i will wait for the next U.
 
Very nice looking. Nice and close to the successful Carrapateena strike of Monax I believe. Concern is the aquisition comment in the prospectus. Worth a risk I believe. Finding out more from "on the ground" source soon.
 
It is over subscribed by 2.

I have sent away.

Good luck to anyone who gets on.

I expect my cheque back in the mail.
 
Anyone on?

No shares allocated to the public, due to over subscribtions from early investors. $5 million dollars out of the $7 million was raised before it went open to public according to website.

35 million shares on offer. How will this effect the way the share is traded. Will it be a stock where theres a lot of turnover? or will it be a tight registry.
 
Up over 30% from listing date.

I will be buying more when funds become available. Positive first day really and opened over 30 cents like I was told.

ACB started in the same fashion. The smart money has taken a position in this one.

No announcement required at this stage its all happening in early 07.
 
I love the fact this stock is so far off the radar....

I got some more at 26.5 cents today.

A substantial holder announced, and airborne assays taking place.

MOX is very important as AXT is in the same area.
 
Still holding.

No real announcements, yet price continues to be strong. Very tightly held stock.

Charts are looking good, and copper/uranium is their major play.
 
Up 28% today, has performed really well since float for me.


Fat Prophets has recommended at 43 cents.


I can understand why not much chat about axt. To be honest its a stock that is held really tightly since it was floated, with very few announcements. So the average punter wouldnt know much about it. Has gone about its business very quietly.


It is going to happen, the drilling is starting, and the targets are highly prospective, not going to say its good value now, as I think its a bit more out in the open.

Still happy to hold this one.

No price targets, time will tell.
 
AXT has increased its market cap by 50% in 2 days.

Fat Prophets report has really caused a buying spree, drill results will be interesting.

Anyone here holding too?
 
Ken

Looks like you have had this all to your self
Been in this for quite a while
Look for announcement on the commencement of drilling within 2 weeks
Even bought more at 55cents
Copper will be huge
I am expecting 90cents whilst drilling
 
Yep am happy to hold. I have been told a price target of what they are thinking, pm if your keen to know this.

I got in on float, find another person on here that also did and you may be very hard stretched.

I dont care if AXT doesn't get the spotlight. Under the radar is fine by me.
 
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