AXMIN Inc V.AXM.H

Alternate Symbol(s): AXMIF

Metals & Mining Gold

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

AXMIN Inc

Bullboard Posts

Post by Time4TAon Apr 26, 2011 5:14pm

352 Views

Post# 18491015

Soon to B Considered Investment Grade

Sawtooth we have to be mindful that the CAR Government has been recently issued
.30 Warrants. I am sure they were issued this with a certain ROI in Mind in connection to Obtaining those 25 year permits.
Dilution is the name of the game for sure but the next Move on the Chess Board is that Debt financing. That Loan will be a portion of the funds required. The Equity component could and should come after at a higher SP. The end resulting Market Capitalization will no doubt be a Huge jump North where it stands now ( with a Mine Coming on Steam Fully Funded - Think Cash Flows - Slap a Multiple on That and you get your Resulting market Cap). Weather they want to consolidate the float a bit is no problem. Doesn't alter the Production or Future Cash Flow Projections that are only get better as the POG Keeps increasing. AXM could have 1.4 Billion shares O/S right now and that would still make the current SP a Steal....In fact since that was exactly where the MCap Stood in Feb with the SP @ twice the price. ...and it was still undervalued.
Today it is even more undervalued at this juncture than it ever was in its History considering what is about to transpire. I say Bring on the Big Boys with their Big Money and lets get this Mine into Production. The Preliminary Assessments have been done. Millions of Dollars have been spent on this Process. Right now it is up to the Bankers....and I wouldn't at all be surprised it they w ere behind the current Suppression of the SP. AXM is on the Brink of becoming an INVESTMENT GRADE Junior Gold Producer. High Risk High Reward Multiples will eventually be very welcome......
T4T......
PS> and lets not even Get Started and the Iron Assets that are being attributed no Value at the Moment whatsoever. They is so much Value locked up in this Company ...its is Overwhelming when I compare it to the other Juniors ( and some Producers) others don't even come close at the discount being awarded to AXM....a Very Compelling Juncture to be