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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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Comment by format15on May 28, 2015 7:43pm
122 Views
Post# 23776047

RE:A Stewart

RE:A StewartI have to agree with your line of thought. Until a short time ago it seems everyone was quite happy with the way management kept shareholders informed.

If I was a 70 year old Lawyer with 35 years experience running a few different companies would I:

A) drag the company down and have all trust of shareholders lost by taking on another unproved property, just after three different sites had just struck out, with share price at .03, in the worst juniors market in recent history and have my name smeared by the public and my peers  just to draw my salary?

B) Make the best of whatever situation arose, maybe retire with a good name that people would remember and do the best for shareholders even if they do have to wait while I make a deal?

I'm hanging on to my position.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities