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| This play caught fire last week and now the gains have retraced. We have put AXIO back on high alert and the chart is setting up nicely. Start your research on AXIO right away. |
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 Hot Stock to Watch |
Company: Axiom Oil and Gas Corp. (OTCQB: AXIO)
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Last:
Price: 0.08
Change (%): + 0.0085 (11.89)
Volume: 185,226 |
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Some have already pointed out that AXIO, with current its setup, could potentially test its resistance of 12 cents. AXIO is listed highest tier of the OTC. It’s been around since 2007 and is establishing itself as a player in the oil and gas space. AXIO has rallied strong within the last 12 months and boasts a high of 40 cents.
AXIO’s lead oil and gas project is in Montana. If you don’t know much about the state and its oil and gas credentials, just know that it was rated one of the most attractive jurisdictions for investment back in 2012 by the Fraser Institute. Montana has one of the lowest initial tax rates - around 0.8% and that makes it a solid place for investors. Right now AXIO is trading below 10 cents, a bargain for a company that has so much upside opportunity baked in over the short term.
Value Proposition:
- Axiom is focused on creating value and shareholder returns from a strategy of disciplined capital allocation across the exploration and production lifecycle with an appropriate risk/reward balance.
- A team of disciplined managers and experienced operators.
- The Axiom way - Solid low-cost productive assets and high quality prospects combined.
- Extensive vertical and horizontal drilling'prospects. Independent study shows the “exceptional potential” of the Kevin Sunburst Dome home to the Axiom leases.
- Drilling capital focused on core areas with high rates of return.
- Optimizing returns in a lower oil price environment and low levels of debt means stability and robust returns across market cycles.
- Multi-zone potential + Abundant resources in place + Accessible infrastructure + proximity of services = Maximum efficiency
Detailed Quote
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