African Gold Stocks

[Jack_Aster]

Picked up some Axmin Inc, symbol is AXM(Canada) AXMIF (USA) and A4JN(Europe). Basically this company is the only one located in the Central African Republic which has a 2 million ounce proven gold deposit. They resumed operations after a 7 year hiatus and have $5 a share in value, trading at a fraction of that. Recent news shows a survey on the old mine site was done and they have a partner now to work with. Anyway that's my African gold stock pick.

 

[fibo_trader]

Welcome to Las Vegas


LODE (Comstock Mining) not African ................. but have a look at that hammer on monthly

 

[ChrisDouthit]

Is there reason why you decided to go with an African gold stock versus Canada or some other place?

 

[marcela 2020]

Rising stars among the big JSE-listed gold miners include the world's third-largest gold producer, Anglogold Ashanti, which went from # 29 to # 11 with a 61% market cap to $ 8.8 billion, then from falling sharply the year before. It is listed on the New York, Australia, JSE, and Ghana Stock Exchange.