AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

Time to wind it up and hope for another company to come along to chuck into the shell? Kim Dotcom is always looking to chuck another monstrosity onto market

I think Kim will be working on MEGA for a while yet. He has a new CEO looking to convert more freebie customers into paying customers.

A lot of the relinquished GEL/AXG permits in Otago were 10% owned by Mark Gunton, of Westgate fame (as New Zealand Minerals Ltd). He, in turn, has been working on a ten-year project in his area of expertise, and it has started paying off.

http://www.nzherald.co.nz/business/n...ectid=11155295

NZM also has two minerals permits, 100% owned. The emerging pattern is one of previous backers of GEL moving on, still taking a punt on their discrete projects, but not being interested in the AXG offering.