RE: RE: Depth....
Thanks.....
The market is rather unpredictable and may pull back in the short term....
EXN is supposedly doing another financing of about the same amount as the first $7M+.....from the recent activity of the share price I believe the offering would be in the .30 or a little lower....Apparently this would complete all the financial requirements for operations, & Silver Eagel takeover. Silver Eagle takeover meeting is on the 28thMay....
Present production is at 4500tons/month and with some minor adjustments to the operation, production is expected to increase to 7000tons/month in the near future.....this will drastically change the cash flow!!!!!
Production at the new mill is apparently going well......Hopefully, the exploration program will be started again soon!!!