TSXV:AXM.H - Post by User
Post by
Dragoonon Nov 28, 2020 1:32pm
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Post# 31994811
5 new targets in Senegal
5 new targets in Senegal Management said in a phone call that the targets could get 400-500k gold each. There were 17 targets. Now 5 new once and they want to produce. These 5 new once are extra new value! Please call management if you want to confirm this. Here is a nice thought: Gora target gave Axmin 5 mln dollar, according to the website. It is possible this was the best target but gold prices are now way better with above 1400 since 2019. Let's say the 5 mln stays per target to be very conservative. That is 25 mln. Sure there are a few expenses but with either the usd to cad exchange if needed, or higher gold prices, this is easily 0,20 cad per share in estimated profits, I would say. I guess Passendro is a free cake. https://www.axmininc.com/Senegal.php