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

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Post by Dragoonon Mar 09, 2021 2:00pm

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Post# 32754065

CAR has big long term potential of NPV . Just be patient

When things work out in CAR then remember:
In January 2020 they signed a letter of intent with the 'first strategic partner' (their words):
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/422-tsx-venture/axm/72159-axmin-announces-letter-of-intent-with-first-strategic-partner.html

And then Covid happened and no traveling was allowed.

Also the NPV is amazing
https://www.axmininc.com/Presentations.php
Look at page 111

You can buy and when CAR works out it will pay a lot for shareholders. Even if they sell a part of the assets

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