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Apex Resources Inc V.APX

Alternate Symbol(s):  SLMLF

Apex Resources Inc. is a mineral exploration company engaged in the business of the acquisition, exploration, and development of mineral resource properties. The Company has a portfolio of properties, including Jersey-Emerald tungsten-zinc mine in southern British Columbia (BC) and the Ore Hill gold property in southern BC. The Jersey-Emerald property is located in southeastern BC, about 50 kilometers (km) south of the town of Nelson and eight km southeast of the community of Salmo. It consists of approximately 120 mineral claims and 44 crown grants over an area of approximately 17,500 hectares (ha). The Ore hill Gold-Silver Property is located about 15 km east of the mining town of Salmo in southern BC, Canada. The 2,000-ha, road accessible property is situated at the south end of the 10 km long Sheep Creek Gold Camp with gold production of almost 800,000 ounces at an average gold grade of 14.4 g/t. The Ore Hill property covers the Ore Hill and Summit gold mines.


TSXV:APX - Post by User

Bullboard Posts
Comment by grizfishon Apr 17, 2006 2:42am
317 Views
Post# 10689814

RE: grizfish

RE: grizfishhuesos, Thanks for the compliment. Luck and timing work for me. I’d rather be lucky than good, any day. As stated in an earlier post, I first heard about SUL when the chief geologist for World Ventures placed high value on their 1.5% royalties from Sultan’s Jersey-Emerald property. Don’t know if I can answer your question about how they can get attention. Sultan does not hype their stock like some of the other juniors. As you know, they are conducting drill programs at both Jersey-Emerald and Kena. Good drill results will definitely show fundamental value in their stock. They will likely also need a NI 43-101 compliant study showing large reserves. If the price of molybdenum remains high, there will be more attention paid to Sultan, especially if they confirm huge reserves of high grades with low production costs. Right now, their drill results show higher grades than most other juniors and they are hitting moly in every hole.
Bullboard Posts