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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
Post by wildman2on May 22, 2011 10:05am
269 Views
Post# 18612299

Be on China's side.

Be on China's side.You want to follow the money. Don't listen to what China is doing. Follow what China is doing. They are the ones with the money. Many others are in debt.

Last year China said gold was in a bubble and too expensive, and yet look what they did in the last year.

https://www.commodities-now.com/news/metals-and-mining/6323-asian-tiger-sinks-teeth-into-gold.html

yet even with these purchases, China has among the lowest reserves in the world. This will only get to be a much better story for gold.

China buying gold and selling u.s. treasuries.

Get on Paulson's train. He's got it right.
Bullboard Posts