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Forum - Mining and Commodities Eh! (Axmin - AXM.V)    All things commodities, with a Canadian Junior Miner focus.

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From: Jimjones1972 (Rep: 3) reply to Jimjones1972Date: 06/06/2018 16:48
Forum: Mining and Commodities Eh! - Msg #6174 - List AXM.V msgs Thread #674001235 (Rec: 0)
A Vancouver based marketing firm has recently started promoting Axmin Inc,(AXM & AXMIF). This company has an office in the same building as Axmin Inc and in Shanghai. No doubt they struck a deal recently because this only came up on Google today. All Axmin Inc. information is up to date too. They are marketing strictly to Chinese investors.


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Reply to Jimjones1972 - Msg #6172 - 06/04/2018 13:59

This was important to put out for a few reasons:

1) Shows that insiders still own over 80 of the 130.5 million common shares

2) Directors are paying themselves less than $20,000 USD per year and given that the company just made $1.2 million USD in profit, why aren't they paying themselves more?

3) Options are being renewed and expanded.

What does this all mean? In my opinion, I see it as a clear example that they want to make their money through capital gains, aka selling common shares. They gave themselves options last September at $0.05 for the first time. Fast forward 8 months and we now have a clearer picture from their latest news release on how the country is progressing rapidly towards stabilization with the help from the AU, UN, Russia, CAR military.

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