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Xtraction Services Inc C.XSF

Alternate Symbol(s):  XSHLF

XS Financial Inc specializes in providing equipment leasing solutions in the United States to owners/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, testing laboratories, among others. In addition, it provides a full range of consulting services including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors.


CSE:XSF - Post by User

Bullboard Posts
Comment by CNVCMon May 30, 2012 1:39am
136 Views
Post# 19959399

RE: RE: RE: RE: RE: From what I can find in resear

RE: RE: RE: RE: RE: From what I can find in resear

Sorry to burst your bubble but your due diligence is ridiculous. 4.6 million tons X 90.88 GRAMS!!!!!! equals 418,048,000 million GRAMS!!! / 31.1 (grams/troy oz) equals 13.44 million oz. 13.44 million oz just like it says in the 43-101 which you must have not quite read right. 418 million oz would have made it one of the largest undeveloped silver projects in the world.

That said this stock is still dirt cheap as the enterprise value right now is about $500,000 dollars for the 13 million oz silver or 26 million oz silver eq. Yes they are drilling and will spend about $2.5 million of their $3.5 million but I expect that drilling will increase the resource considerably and since some of the drilling will be confirmatory I'm sure they will be twinning some of the hot areas so you can almost guarantee some very good holes in the first round of drilling.

Bullboard Posts