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AXMIN Inc V.AXM

Alternate Symbol(s):  AXMIF

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).


TSXV:AXM - Post by User

Comment by hisandloson Nov 27, 2021 6:10pm
133 Views
Post# 34172746

RE:Full Africa Intelligence Article Regarding Axmin Inc

RE:Full Africa Intelligence Article Regarding Axmin Incahahahahaha    I like how it says Lucy gave the government two options  ...  what a joke.

When do companies ever succeed when a government of a nation decides that they want 

to nationalize,  cancel permits,  or do anything else their heart desires.   The government of CAR 

has much more to lose if they piss off the Russians than catering to Lucy Who ????

Axmin has absolutely no bargaining power in this situation.  The only thing that might happen

is a backdoor deal for Lucy which makes her go away but the shareholders of Axmin and Axmin

itself is history  ...  in fact has been history for a long time now.   The only thing that will come of

this is the final nail in the coffin.
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