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 3:51pm

194 Views

Post# 20524643

In Jan 2011 - Market Cap $130 Million

And that was when Half the pieces were in Place...with POG @ $1400

Fast Forward to Today....and AXM is sitting UNDER the RADAR with a $16M Market Cap with POG @ $1700

Banks are Working on those Term Sheets for that 2/3 Debt...and Others are Lined up to Take up an Equity Portion at some Price in the Future.....at some Price TBD.

These current Market prices have been a Gift for me in recent Weeks. Never thought I would be getting in so cheap at this Critical Juncture. I guess is Pays to Know the History of this Co. Not many are following Jr Golds at the Moment. Things will soon change as far as this outfit is concerned.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario