Axmif - Axmin Inc. (gold)

Discussion in 'Penny Stocks' started by Jon Alba, May 17, 2018.

  1. Jon Alba

    Jon Alba Senior Investor

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    (Barchart.com) - AXM.VN Shows 96% Buy Rating From Technical Indicators

    https://www.barchart.com/stocks/quotes/axm.VN/opinion

    Axmin Inc (AXM.VN)
    0.290 unch (unch) 10/19/18 [TSX Venture]
    BARCHART OPINION for Mon, Oct 22nd, 2018
    TrendSpotter BUY
    Short Term Indicators
    7 Day Average Directional Indicator BUY
    10 - 8 Day Moving Average Hilo Channel BUY
    20 Day Moving Average vs Price BUY
    20 - 50 Day MACD Oscillator BUY
    20 Day Bollinger Bands HOLD
    20 - Day Average Volume: 149,523 Average: 80% BUY
    Medium Term Indicators
    40 Day Commodity Channel Index BUY
    50 Day Moving Average vs Price BUY
    20 - 100 Day MACD Oscillator BUY
    50 Day Parabolic Time/Price BUY
    50 - Day Average Volume: 129,915 Average: 100% BUY
    Long Term Indicators
    60 Day Commodity Channel Index BUY
    100 Day Moving Average vs Price BUY
    50 - 100 Day MACD Oscillator BUY
    100 - Day Average Volume: 127,174 Average: 100% BUY


    Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market. The Opinions takes up to 2 years' worth of historical data and runs these prices through thirteen different technical indicators. After each calculation, the program assigns a buy, sell or hold value for each study, depending on where the price lies in reference to the common interpretation of the study.

    Barchart Opinions are not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence and not on any representation we make to you.
     
  2. Jon Alba

    Jon Alba Senior Investor

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    https://www.yahoo.com/news/central-african-republic-begin-disarming-groups-years-end-164106706.html

    Central African Republic to begin disarming groups by year's end: UN envoy

    AFP•October 23, 2018
    [​IMG]
    Peacekeepers from Gabon on patrol in the city of Bria in the Central African Republic (AFP Photo/SABER JENDOUBI)
    United Nations (United States) (AFP) - Before the end of the year the Central African Republic will begin disarming illegal groups in the western part of the country, UN envoy Parfait Onanga-Anyanga told the Security Council Tuesday.

    There has been progress in starting a peace process since a UN peacekeeping force was established in the CAR in 2014 to stamp out inter-communal violence in the country, Onanga-Anyanga said.

    "This progress that we have made together makes me hopeful that we have laid the foundations needed to build sustainable peace," he said.

    A half-dozen armed groups have committed to a national disarmament, demobilization and reinsertion program, Onanga-Anyanga said.

    "The government will begin the disarmament of certain of these groups in the west of the country before the end of the year," he said.

    French Ambassador Francois Delattre emphasized, however, that "the message to the armed groups must be clear.

    "They must lay down their arms and join the peace process without delay and without conditions, and know that the violence they engage in will not go unpunished," he said.

    Since 2013, much of the Central African Republic has been at the mercy of armed groups that plunder the country's gold, diamond and oil deposits, posing a formidable obstacle to peace and national reconciliation.

    Many of these groups claim to protect Christian or Muslim communities, and often battle over resources.

    Onanga-Anyanga pointed to the opening session Monday of a long-planned Special Criminal Court in Central Africa as an "important step" against impunity.

    The court consists of 25 judges -- 13 from the CAR and 12 foreigners -- and will decide cases involving violations of human rights or international humanitarian law committed in the country since 2003.

    One of the world's poorest and most unstable countries, the CAR spiralled into bloodshed after longtime leader Francois Bozize was overthrown in 2013 by a mainly Muslim rebel alliance called the Seleka.
     
  3. Jon Alba

    Jon Alba Senior Investor

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    Russia Pledges Continued Support for Central African Republic Security

    https://sputniknews.com/africa/201810241069157151-russia-car-security-support/

    03:44 24.10.2018Get short URL
    0 20
    WASHINGTON (Sputnik) - Russia plans to continue providing security assistance to the Central African Republic government in an effort to end a far-flung insurgency in which authorities in the capital of Bangui are attempting to wrest control of much of the nation from more than a dozen rebel groups, Russia’s Envoy to the UN Vassily Nebenzia said.

    "Russia will continue to provide support to the CAR[Central African Republic] in reforming its national security sector, including in strengthening the battle readiness and battle capacity of the armed forces of the country," Nebenzia told the UN Security Council on Tuesday.



    [​IMG]
    © AP PHOTO / JEROME DELAY
    Things to Know About the Russian Mission in Central African Republic
    Nebenzia noted that Russian military experts have managed to achieve "significant results" by training more than 1,000 soldiers of the CAR army.


    In addition, Nebenzia pledged increased Russian humanitarian assistance to CAR, in particular by providing medical services to the population.

    On Monday, the Russian Foreign Ministry announced plans to send 60 additional military advisers to the CAR to complement 175 advisers dispatched to the country earlier this year along with a shipment of small arms.

    READ MORE: France Officially Ends Military Operation in Central African Republic

    The CAR government is battling 14 rebel groups that control much of the nation outside Bangui, according to published reports.
     
  4. Jon Alba

    Jon Alba Senior Investor

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    Durable peace in Central African Republic achievable

    http://www.xinhuanet.com/english/2018-10/24/c_137553383.htm

    Source: Xinhua| 2018-10-24 04:13:16|Editor: yan

    UNITED NATIONS, Oct. 23 (Xinhua) -- A durable peace in the Central African Republic (CAR) is achievable with the action of Central Africans and with the help of the international community, said the top UN envoy in the country on Tuesday.

    "Despite the persistent challenges, I am hopeful that we have now established the necessary foundations on which a durable peace can be built," Parfait Onanga-Anyanga told the Security Council.

    Such an objective is indeed achievable provided that the region and the international community remain in solidarity with the collective support for the government and people of the CAR, said the envoy, who is also head of the UN peacekeeping mission in the country.

    The general security situation has been brought under control. Democratic elections have been held and constitutional order has been restored. State authority is re-establishing itself in Bangui and beyond, he said.

    But he warned that the country still faces many challenges.

    Conflict factors remain and attacks against civilians continue, resulting in massive displacement of the population. Half of the country still needs humanitarian assistance, and the provision of such assistance is becoming increasingly difficult, partly because of the violent attacks on peacekeepers and aid workers, said Onanga-Anyanga.

    Together with the Central Africans, the international community must help move the country from a phase of containment to one of transformation, where the dividends of peace can be felt by all communities and all citizens, he said.


    The CAR has been in civil war since 2012, which is being fought along religious and ethnic lines, primarily between Christian anti-Balaka militia and Muslim Seleka groups.
     
  5. Jon Alba

    Jon Alba Senior Investor

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  6. Jon Alba

    Jon Alba Senior Investor

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    CAR President Mentions Investment At World Investment Forum

    https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=1895

    Highlights from article:

    October 24th 2018

    But stable regulatory and fiscal regimes are a precondition of attracting such investment, said leaders from Armenia, Botswana, Central African Republic and Lesotho

    Open for business

    Armen Sarkissian, President of the Republic of Armenia, said that his country had the most-advanced information technology sector in the countries of the former Soviet Union. It deserved to be “rediscovered” as a “core component” of the trade routes of the Silk Road, and had recently changed governments in a popular but peaceful revolution, he said. The country was a small but vital bridge between Eurasia and Europe and benefitted from its immense diaspora spread around the globe.

    Mokgweetsi E.K. Masisi, President of the Republic of Botswana, said the new industrial agenda presented challenges to developing countries such as his. Governments needed to attract investment into digital infrastructure by updating their policy and regulatory regimes, he said. The so-called “demographic dividend” of an increase in the number of young Africans was an opportunity to seize concerning the new industrial agenda, he said.

    With the proactive involvement of multilateral institutions, President Masisi said, “the attainment of the Sustainable Development Goals is not as far-fetched as we might imagine”.

    Faustin-Archange Touadéra, President of the Central African Republic, said the new industrial agenda was a technological agenda and one that was central to achieving the Sustainable Development Goals. Speaking on behalf of his country, he said that half of the citizens of the Central African Republic needed not just development aid but humanitarian aid, following a period of crisis.

    However, the Central African Republic was ripe for investment, particularly in agriculture and fisheries, thanks to a favourable climate and geography. Investors could help, for example, with the development of the Oubangui river to help build better connections to neighbouring economies, President Touadéra said.

    Motsoahae Thomas Thabane, Prime Minister of the Kingdom of Lesotho, said his country was “open for business” and enhancing its institutional and regulatory frameworks to make it easy to invest there.

    “As a landlocked country, investment is not an option but a must for sustainable economic growth,” he said.
     
  7. Jon Alba

    Jon Alba Senior Investor

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    China calls for more int'l support for peace efforts in CAR

    http://www.globaltimes.cn/content/1124298.shtml


    Source:Xinhua Published: 2018/10/24 13:54:22




    A Chinese envoy on Tuesday called on the international community to continue to help the government of the Central African Republic (CAR) with its efforts to build peace and stability.

    The political process in the CAR has recently made progress while the security situation remains fragile. There are still challenges for the country to realize lasting peace and stability, said Wu Haitao, China's deputy permanent representative to the United Nations (UN).

    China calls on the international community to continue to support the efforts by the CAR government to enhance national capacity building, and assist the government's efforts to maintain security and stability, deal with humanitarian situation and crises, and resolve the root causes of the conflict, he told the UN Security Council.

    China urges parties in the CAR to put the interests of their country first and resolve their differences through dialogue and consultation, said Wu.
     
  8. Jon Alba

    Jon Alba Senior Investor

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    Chinese Portfolios Need A 6% Allocation To Gold - WGC

    (Important to know since AXM(Axmin Inc) is majority owned by Chinese investors and NAI500 promotes to strictly Chinese investors). This is a huge benefit.

    https://www.kitco.com/news/2018-10-18/Chinese-Portfolios-Need-A-6-Allocation-To-Gold-WGC.html

    (Kitco News) - Investors in China need to allocate up to 6% of their portfolios to gold, according to the World Gold Council (WGC), which sees the yellow metal as minimizing the negative effects of volatility.

    Chinese traders have had a tough year, with losses in both the equity and bond market spaces, said WGC Investment director Fred Yang.

    “China’s leading index, the CSI 300, has underperformed the MSCI World Index by around 20% since 1 January 2018. At the same time, the credit spread between AA+ corporate bonds and the quasi-sovereign China Development Bank bond has ballooned to more than 200bps, highlighting concerns about prospects for domestic companies,” Yang wrote in October’s Gold Investment report.

    The reasons behind poor performance include escalating trade tensions with the U.S., tightening Federal Reserve monetary policy as well as domestic deleveraging and tighter rules on shadow banking, the report said.

    “The situation puts China’s investors in a difficult position. Equity and bond futures markets do not provide effective hedging tools, as they are comparatively shallow and restricted. And currency weakness is a further problem, particularly for onshore investors,” Yang explained.

    In this kind of environment, gold might be the key to investors’ success, the report added.

    And the right amount to allocate to gold is between 3% and 6%, the WGC said citing a study done by asset management specialists New Frontier Advisors that used optimization simulation and incorporated data from major asset classes from January 2007 to December 2017.

    “The results were noteworthy, suggesting that the optimal allocation to gold increases from 3% to 6% as portfolios’ nominal target returns increase from 4% to 5.5%,” Yang wrote. “The analysis further shows that if a Chinese institutional investor makes a 6% allocation to gold it would reduce the volatility of its portfolio, increase the sharpe ratio from 0.46 to 0.54 and still keep the target return of 5%.”

    But this target has a much wider application as well and can be used by investors from across the world, the WGC pointed out.

    “Whether institutions are invested in US-, European- or UK-listed assets, research indicates that most well-balanced portfolios would benefit from a modest allocation to gold,” the report said. “Gold has a low correlation with other mainstream assets and boosts risk-adjusted returns. As such, it has the potential to be a rewarding asset for Chinese investors.”
     
  9. Jon Alba

    Jon Alba Senior Investor

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    October has been a very active month for the Central African Republic(CAR for short). The government forces (FACA) are now starting to move ahead with reclaiming the country as the European Union, African Union, United Nations, Russia, Sudan, USA, France, and other powers help support them.

    The goal for Axmin Inc. is to get back to it's Passendro gold property which is just north of Bambari in an area called Ndassima. Exactly one month ago, the government announced that it was going to start sending troops to Bambari and start taking back the town, then likely push ahead North and secure Ndassima, thus giving Axmin the ability to go back. This has been six years in the making, but this is the closest the company has ever been to going back.

    Below are articles that summarize what has happened over the last month. As well, keep in mind that Teranga Gold(TGZ.T) will be announcing results on November 1st which will also include their usual quarterly royalty payment to Axmin Inc. There could also be a possible update as to the other targets being mined.

    Sept.28 - Central African Republic: Soon the deployment of FACA in Bambari
    link: http://ndjonisango.com/securite/centrafrique-bientot-le-deploiement-des-faca-a-bambari/
    - With Bambari secured, FACA can move north and secure Ndassima/Ippy/Passendro, giving AXM the ability to go back
    - Main area where AXM staff/equipment would be flown into

    Oct 8 - CAR government works & citizens returning to Bambari
    link: http://palmarescentrafrique.com/rep...iale-de-lalimentation-edition-2018-a-bambari/
    - FACA also mentioned, so this tells me the town of Bambari is currently getting back to normal after years of turmoil

    Oct 14 - UPC fighters weaponry taken away
    link: http://french.xinhuanet.com/2018-10/14/c_137530852.htm
    - So this is why the UPC pulled out of the October 23rd peace deal. FACA will not stand for armed guys walking around and will either take the weapons away, or take em out. UPC is the main rebel group that holds back Axmin from heading back to Passendro.

    October 16th - 30 killed over two months in Central African diamond hub
    link: https://www.timeslive.co.za/news/af...er-two-months-in-central-african-diamond-hub/
    - FPRC & UPC muslim extremists did this
    - Stronger signal for FACA to push ahead sooner

    October 23rd - Special Criminal Court In Central African Republic Conducts 1st Meeting
    link: https://www.urdupoint.com/en/world/special-criminal-court-in-central-african-rep-462216.html
    - Established court system to try criminals will help bring justice back to the country

    October 23rd - Two CAR armed groups pull out of Khartoum peace process
    link: http://www.sudantribune.com/spip.php?article66479
    - The two armed groups that pulled out are the UPC and CDNS. UPC we know is due to FACA coming and taking back Bambari
    Key note: "(We deplore) the low-level political instrumentalization of the Khartoum Declaration of Entente of August 28th which has been diverted to the sole benefit of the deployment of the FACA (Central African Armed Forces), a revanchist army ready to return to a fratricidal armed struggle," said the UPC.

    October 24th - Central African Republic to begin disarming groups by year's end: UN envoy
    link: https://www.modernghana.com/news/89...ublic-to-begin-disarming-groups-by-years.html
    - Major breakthrough. Dealing with 8 groups rather than 14 will be easier

    October 27th - CAfrica rebels issue ultimatum to government officials
    link: https://www.yahoo.com/news/cafrica-rebels-issue-ultimatum-government-officials-193045042.html

    October 27th - Central African Republic: Khartoum agreement still respected
    link: https://africandailyvoice.com/en/20...-republic-khartoum-agreement-still-respected/

    October 27th - Central African Republic: the President of the National Assembly dismissed
    link: https://africandailyvoice.com/en/20...president-of-the-national-assembly-dismissed/

    October 28th - Moscow Denies Reports of CAR Rebel Ultimatum to Withdraw Russian Mil. Advisers
    link: https://sputniknews.com/africa/201810281069299191-russia-car-advisers-rebels/

    Despite the apparent rumour that the rebels have told CAR representatives to leave, there is more support that this was fake news and things will proceed. FACA still needs to deal with the UPC, but they are much weaker now and have also had battles with the FPRC and Anti-Balaka over the last year.
     
  10. Jon Alba

    Jon Alba Senior Investor

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    https://minusca.unmissions.org/la-minusca-et-les-faca-lancent-des-patrouilles-conjointes-%C3%A0-bambari

    Note: Once Bambari is secured, CAR government forces and other support can move north and secure the Ndassima gold mining region, allowing Axmin to return to their gold deposit.

    Oct 31,2018

    MINUSCA AND FACA LAUNCH JOINT PATROLS IN BAMBARI

    The Force of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) MINUSCA and the Central African Armed Forces (FACA) lead since Monday, October 29, 2018, joint patrols in Bambari, in the prefecture of Ouaka (center) . "Soldiers from both institutions patrolled Kidjigra, Lapago, Bbornou, Adji and Sangharis and the initiative was well received by the people. The commander of the FACA detachment visited the central market, which reopened four years later, and traded with merchants, "said MINUSCA spokesman Vladimir Monteiro.

    During the weekly press conference, the spokesman said that in addition to the extension of state authority, the gradual and coordinated deployment of the FACA and the Internal Security Forces (ISF) aims to contribute the protection of civilian populations. " In this sense, the Mission reiterates its support for the authorities and denounces the sporadic shooting by suspected armed individuals of the UPC" as these joint patrols began, he said, recalling the recent deployment of the FACA and joint operations with MINUSCA in other areas such as Paoua, Bangassou, Sibut or Obo.

    Similarly, the recruitment process for the 1,023 FACA recruits, which will take place from 5 to 14 November 2018, was discussed, in particular the technical, logistical and material support of MINUSCA, "in particular in the training of the recruitment and training teams. their deployment in the prefectures as well as in the area of awareness and communication. The spokesman also condemned the disruption, by about twenty elements of the FPRC, of an activity related to this process in the town hall of Ndélé, Bamingui-Bangoran prefecture. "MINUSCA has reinforced its patrols in the area while the Mission Police is investigating this incident," he said.

    The spokesman further recalled Security Council Resolution 2387 which "calls on the Central African authorities to implement the national security policy and the national strategy for security sector reform in order to build up defense forces. professional and ethnically representative and regionally balanced national and domestic security, including through the adoption and implementation of appropriate due diligence procedures, including respect for human rights, for all defense and security personnel, and measures to integrate elements of armed groups that meet rigorous selection and due diligence criteria. "

    The Community Violence Reduction Project (CVR) in Bangui and Bouar was also highlighted at the press conference. In the capital, the training of 785 beneficiaries began and will take place over a period of three months in various sectors including trade, carpentry, mechanics and livestock. In Bouar, the integrated DDR / UNOPS team carried out a weapons collection operation in the city of Bouar with the support of the Force, allowing the recovery of 1,191 hunting weapons, 447 cartridges of different calibres and 29 grenades, between other".



    For his part, MINUSCA Force spokesman Major Mohamed Ouabed said the security situation is generally calm throughout the country. "The MINUSCA Force, in collaboration with the Mission Police, the FACA and the Internal Security Forces, is continuing its efforts to strengthen the protection of the civilian population and to spare them any threat," the spokesman said. military word.



    For his part, the spokesman of the police component of MINUSCA, Captain Franck Gnapié, said that in Bria, several cases of death threats by armed groups were recorded in the IDP camps of the city. "The MINUSCA Police has put itself on alert and is increasing patrols in the city and especially in IDP camps to maintain calm." In addition, he said, "10 people who had been handed over to the MINUSCA police by the ISPs of the city were transferred to Bangui on October 23, 2018, to be handed over to the Central African judicial authorities. Four others had been released on the spot in Bria on instructions from the judicial authorities for lack of evidence ".
     

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