Well--AXAS has been in the same situation for three years---a "next" new player. While I doubt that anyone would hurt himself by going long here, I am not convinced that it is a very good play. Aside from your statement regarding growth, a relative assessment at best, what company or industry dynamic do you see a play with AXAS right now? Perhaps, I am missing something.
Yes, I was advised in the summer to go long on AXAS. Never did it because I was so over weight in MHR. Set a limit buy, good until cancelled, on AXAS at 2.75. Time to start a little prospecting in this play.