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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 paddockjudgeon Feb 05, 2004 12:15pm
259 Views
Post# 7007058

positive results today

positive results today It is very obvious that management is methodical and patient when proving-up reserves; something that Cybil does not understand. The reporting of all results, including the less than spectacular holes is a positive sign. Todays results are encouraging. AXM has not misrepresented any results; they have been responsible in their handling of data. Investors have a chance to position themselves based on the timely reporting of information. This management group is not in a hurry. A few more years will be needed to acquire a much better understanding of this company's true potenetial...what investors do along the way is a personal choice. Certain persons attempt to influence small groups of investors by distorting data and intending to create confusion in the hopes of realising short term market opportunities. This is somewhat of an annoyance, but most posters have made the best of it; some had in the past made sport of it, alas I am the last. Opportunity has presented itself already and most likely will appear again. Have you covered your short position Cybil? Have you sold your million shares yet? Please update your actions and keep your readership informed, at least the few , very few, not ignoring you. So Cybil, there are no computers on vacation? Fifteen of you is not enough, you need another poster to clutter this forum and deflect pressure form your many I D's? Go ahead. While you do that the drills are still turning; that is the real story. ....patiently watching and waiting, paddockjudge.
Bullboard Posts