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AXMIN Inc V.AXM

Alternate Symbol(s):  AXMIF

AXMIN Inc. is a Canadian exploration and development company with a focus on Central and West Africa. 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. It holds a 100% interest in the Bambari properties, which consists of a mining license (355 square kilometers) and two exploration licenses, Bambari 1 and 2 (1,240 square kilometers). The Passendro Gold Project is situated in the center of the mining license, which is ring-fenced by the two Bambari exploration licenses. The Company, through its joint venture partner and manager, Sabodala Mining Company SARL (SMC) owns approximately 20% interest in Sounkounkou, Heremokono and Sabodala NW exploration licenses (the Project) located in the Birimian belt of eastern Senegal. The Company's subsidiaries include AXMIN Limited (BVI), Aurafrique SARL (CAR), SOMIO Toungou SA (CAR), and others.


TSXV:AXM - Post by User

Bullboard Posts
Post by scarognatoon Mar 22, 2009 9:16pm
566 Views
Post# 15861986

re production

re productionForget it.These guys are a bunch of crooks.They announce a financing on a best effort basis and they start dumping shares so they can buy back at a lower price.Also,they hire Paradigm to sell these shares.The only people that are going to do the financing is Addax,so why do we need Paradigm?And what are they doing with all this money,when they are just trying to get a permit.This company will eventually get bought by Addax for peanuts.And what happened to the money we raised last time?They don't even answer the phone.Good luck!
Bullboard Posts