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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
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•••
Post by Easy2Mineon Oct 18, 2012 9:31am
170 Views
Post# 20497302

Gold Price Upside - Now Watch God Soar

Gold Price Upside - Now Watch God Soar

US $1100 oz

IRR - 32.1% , NPV - (after 5% Discount) US$340 Million

 

US $1500 oz

IRR - 57.8% , NPV - (after 5% Discount) US$785 Million

 

US $2000 oz

IRR - 38.9% , NPV - (after 5% Discount) US$1,30 Billion

 

205,000 oz Production First 3 years...2.2yrs Payback....24 Month Startup. 

 

Gold Next Stop is $2000 + in next 2 Months

 

 

 

 

 

 

 

 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities