AXT are expected to make announcements on an oil drilling play in the southern US oil region plus a drilling program with XStrata in the Gawler Craton, near the Olympic Dam super mine. both of these activities will generate a good deal of interest because they have first class potential. The leverage is huge because of the low capitalization of AXT, $5 Million oday.Technical analysis indicates that they are in an uptrend that is likely to be exponential in character. A good short term and maybe long term investment. DYOR but the picture tells the story. Bought some more.
AXT Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
