Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: Boolish who wrote (207731)	12/17/2011 12:37:25 AM
From: baystock	Read Replies (2) of 312966

My candidate would be Axmin: -3+ million oz open pit deposit in their flagship Passendro mine with potential for much much more -BFS in place, working on raising the mine financing -market cap of $28 million -Just raised $9 million by selling non-core gold exploration asset in Sierra Leone -Biggest shareholder is the swiss oil trading company AOG and who owns 25% of Axmin. They previously built up a company called Addax Petroleum which got sold 3 years back for $6 billion to the Chinese. -CEO George Roach was one of the founders of Uramin which got sold for $2.5 billion to Areva. He is part of the Stephen Dattels network that are big players in the global junior resource field. -5 year tax holiday agreement in place axmininc.com gowebcasting.com

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