TSXV:AXM.H - Post by User
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Time4TAon Apr 23, 2011 8:23pm
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Post# 18478425
Tremendous Value & Upside
Tremendous Value & Upside
AXM has been lining up their ducks in a row for the past few months now. Passendro is fully permitted to begin mine construction.AXMIN re-engaged Endeavour Financial International Corp to secure DEBT facilities.AXM is trading at a huge huge discount.
They plan on developing a 200,000 oz per year open pit gold mine in the Central African Republic (CAR). The CARis so hungry for this kind of mining investment that it is giving Axmin a 5 year tax holiday. I think axm.v is the mostundervalued soon to be intermediate gold producer around.
HEavy Hitter Stakeholders Involved (30% ownership.)
https://www.addax-oryx.com/uk/index.html
These Guys build companies from mining to petroleum and sell them off for billions! AXM will be th same for these guys.
They have taken company after company from nothing (Pennies) to Billion dollar market caps on several occasions...they own a whack of AXM and are the key backers...
AOG management took down the last PP and are serious about getting AXM into mid-tier producing territory.....
no way we should be a .13 cent stock for what we have..buy it all now cuz we will be Multiples of the current SP by summer.
They are on the cusp of being the next gold producer and all the ducks are being lined up:
1. Addax Group as Insiders
2. Foreign Government on board as shareholders (
.30 Warrants)
3. Proven resource in the ground so no need to drill hoping to find gold.(Multi Million oz's) M&I
4. Gold prices heading Much higher