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

Comment by skipjackmackon Oct 14, 2011 10:02am

222 Views

Post# 19148831

RE: RE: On Aug. 9th

huh? the sell order was for just under 1m at 0.04...but before anyone gets excited, that's just $40k...which is chicken feed for a fund or a serious trader. I say just relax...someone wants out...and i'm happy to soak up some of these increasingly cheap shares...or maybe someone wants to drop the price, which is easy enough to do when the bid is so thin in dollar terms...patience needed...company is usually pretty good about providing quarterly reports c.50-60days after quarter ends...so we can expect an update mid/late Nov for the q just ended. this is a highly speculative play...and nothing has changed despite the constant selling...sjm

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