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Xmet Inc XMTTF

Metals & Mining Gold Industrial Metals & Minerals
XMet Inc is a mining exploration company. The company engages in the exploration of its Canadian mineral properties in the provinces of Quebec and Ontario. Its property portfolio includes Grasset Property located in the northern part of the Abitibi greenstone belt, west of Matagami, Quebec; Authier Property located mainly in Poularies and Privat townships in the western Abitibi Region of Quebec and the Blackflake Property.


GREY:XMTTF - Post by User

Xmet Inc
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(4)
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Comment by beancounton Jul 13, 2014 10:23am
153 Views
Post# 22740179

RE:RE:Who would benefit more

RE:RE:Who would benefit morebottom line is xme doesn't own any percentage until they earn in, They don't earn in until they pay 20K, issue 3 million shares to mek and spend 850K on the property, including driliing, Not sure how much drilling. Then they have a one time option to increase to 60 %. Right now they own zero, they haven't earned in yet.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities