AXMIN Inc V.AXM

Alternate Symbol(s): AXMIF

Metals & Mining Gold

AXMIN Inc. is a Canada-based gold exploration and development company. The Company, through its wholly owned subsidiaries, has exploration projects in the Central African Republic (CAR) and Senegal. The Company's primary asset is the Passendro gold project situated in the CAR, which consist of a mining license covering approximately 355 square kilometers and two exploration licenses, Bambari 1 and 2 covering around 1,240 square kilometers. The Company, through its wholly owned subsidiary, Sabodala Mining Company SARL (SMC), Teranga Gold Company (Teranga) owns approximately 80% interest in Sounkounkou, Heremokono and Sabodala NW exploration licenses (the Senegal Project) located in the Birimian belt of eastern Senegal. The Company's subsidiaries include AXMIN Limited (BVI), Aurafrique SARL (CAR) and SOMIO Toungou SA (CAR).

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AXMIN Inc

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Post by Dragoonon Dec 11, 2021 4:30pm

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Post# 34222116

Gold should be 30% higher, good source

An interesting article, actually a nice source in general, about gold and its value to money printed / in circulation and SP500 ratios. Conclusion of this article is a 7,5% increase of money printed per year on average and gold price has to increase 30% for historic valuation ratio of 3,82. Maybe you like the source. https://evidencebasedwealth.com/?p=478

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