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AXMIN Inc V.AXM.H

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.H - Post by User

Bullboard Posts
Comment by pipefit2on Dec 23, 2010 12:56pm
188 Views
Post# 17888817

RE: RE: ??????

RE: RE: ??????haggy--"Check out JIM.vn, IFR.vn, MTB.vn and AAA.vn to name a few....(Gold, oil/gas, silver/gold and potash in order)..."

I checked out charts of all four.  MTB seems interesting, from a TA perspective.  It has sold off down to the neckline ( .14/share).  If looks like that level will hold, that would be a bullish development for mtb.v.

The other three look kind of dicey.  In the case of ifr.v, those kind of high volume spikes scare off most investors.  However, if you're into that sort of play, I would start watching nbu.v (gold).  It has been very volatile lately. [disclosure--I own a very small position in nbu.b].  Results are due out soon, so I am thinking about adding, ......


aaa.v looks like it might be in a sustainable uptrend.  However, I would like to see it put it a higher high (above .80, then pull back and put in a higher low, above the recent low at .61.  Right now it is in 'no man's land', I think.

jim.v chart is a little risky.  It consolidated beautifully at .23 for a month, then spiked.  What you want to see on the pullback is for the that prior consolidation level to act as support, if it even gets that low again.  Unfortunately, jim.v dropped all the way back to .19.  That isn't horrible, but it is cause for concern.

I'll be watching mtb the closest.  Probably the safest of the bunch.  Good luck.


Bullboard Posts