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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
Comment by Thedondomon Mar 12, 2020 12:09pm
76 Views
Post# 30799535

RE:RE:RE:Main Rebel Base Being Attacked Now. End Of The FPRC

RE:RE:RE:Main Rebel Base Being Attacked Now. End Of The FPRC Poor Andrew Petroff, the once strong man of TO and Casinorama is reduced to bullying people on an stock forum because he can't afford to buy market price for a stock and is hoping for a major discount. It's too late, the Chinese are all over this now, CAR is basically back to near full stability and China basically has Coronavirus under control. China also controls CAR which many investors haven't woken up to yet, but it doesn't matter. Shirong could fire sale Passendro right now for $1 to the Chinese government if he really wanted to, but he waited 7 years to make a lot more than $65 million off this deal. He likely wants a mid 9 figure payout and will get it. The shareholders here all get to go along for the ride. 

Ndele was held by the Seleka rebels since 2012 and has been the main rebel base for 8 years. Mr.Rocket Scientist, what happens when a rival loses a main base? It's basically the end of the war.

My advice to you is get rid of your spec junk stocks ARIC, ABN, GCN and actually buy something with powerful backing and a proven asset like AXM, rather than hope and pray for for a re-entry at 5 cents because it won't happen. I know of guys with lots of funds ready in case we do see sub 20 again. But as you know, the RBC buyer is slowly picking off weak hands every single day and that's great, we want consolidation into stronger hands.

Gold has yet to run, global recession will show up in the coming months and with stimulus, plus currency devaluations, we will see the yellow metal over $2,000 an ounce. Keep in mind it costs less than $500 an ounce to mine Passendro. So with $2,000 gold, that's roughly a $3 billion USD profit for whoever gets to mine what's proven at the moment. Not a bad deal for a $35 million market cap gold play.

Good Luck.
Bullboard Posts