AXSMF Market Cap: $23,881,043 is very undervalue, oversold and bashed down GOLD Miner @ bargain bottom fishing price -
market cap $24 million would not even cover the cost of 1/3 of one of their mine shafts - we talkinjg about AXSMF who has 3 world class GOLD Mines - and Snow Lake Gold Mine would cost more than a billion fiat$$ in redevelopment @ current $$ values -
Credit Suisse for a US $45 million, 4 1/2-year term loan to further the development of the Snow Lake Mine - at low 5% interest -
The project team at Snow Lake has continued to advance the GOLD Mine project and our ability to attract a financing partner such as Credit Suisse demonstrates the robustness of the project.
We will soon be ready to move forward on our project at Snow Lake Gold Mine, which is expected to transform the company.
As part of this transformation, I am pleased to announce that we are proposing a share consolidation to establish a capital structure appropriate for a Company that should reach a combined 100,000 ounces of annual Gold production once the Snow Lake Gold Mine reaches commercial production.
Finally, I am pleased to announce that we will be changing the name of the company to QMX Gold Corporation - to reflect the evolution of the company as it moves forward with its existing mine in "Q"uebec, The ALEXIS AMC Aurbel Gold Mill
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