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 Easy2Mineon Oct 25, 2012 12:59pm

161 Views

Post# 20523696

Huge Upside - God Tables 10x bagger

You Know there as many potential equity partners just waiting to see if the Bank will close the debt financing

The GOLD is there in CAR and they made the Final payment promised to the government. . It is an easy Double . If AXM where to be Valued at a mere $20 per ounce then a $1.20 Valuation would Hold. If the Going Takeout Pricing of $0.40 per z is used then a $2.50 SP is attainable. Ie 10 bagger from Todays Ultra LOW SP Valued at less than $4 per ounce in the Ground (In Probable Reserve Catagory as well). Unreal thsi Low MCap

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario