Interesting development here. Last night I decided to try googling "Central African Republic" in Chinese "?????" and what I got were some amazing results. Despite not finding much activity when searching CAR in English, there are many Chinese websites showing companies, deals, etc. going on over there and how much more active of a participant China is in CAR. Why is this important for Axmin Inc. Well AXM/AXMIF is majority owned by major Chinese investors, run by Chinese Directors mostly, just announced JV news with a Chinese company that has connections to a SOE(State Owned Enterprise). What it boils down to is that Axmin will successfully get back to Passendro because we likely have much stronger support from Beijing than the market really understands. Articles below are all less than a year old, some are from this week.
Zhongjiang International Group signs "Mining Agreement" with the Ministry of Mines and Geology of the Central African Republic : http://www.zjgj.com/news/2725.html
China Railway 11th Bureau 5th Company China Africa Co., Ltd. - http://www.wpinjobs.com/company/company-show-19238-.htm (The company is a branch of the China Railway Eleventh Bureau and the fifth company in the Central African Republic. The current task is the China-Africa Bangui Airport Security Emergency Project with a contract value of 9 billion CFA.)
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