busy spring/summer season coming upWe know that Hothschild will be doing some drilling this spring both at the Tecalote prospect, and also in the property surrounding the existing deposit at Moris. EXM has some work underway already at Reyna De Oro, and will likely have at least one drill turning there within 6 months, to follow up on the excellent results from last year. On top of that JV partner Yale Resources (V.YLL) plans to get a drill turning at the Urique property this summer, once they have completed the trenching/sampling preliminary work. And JV partner Penoles has already confirmed that another drilling program will be going this spring/summer at Magurachic (sp?) to probe the deeper targets. With all of that work underway, most of it budgeted and paid for by other companies, there will be a lot to look forward to as EXM shareholders. And also, dont forget that we have a new drill that is committed to our projects and they will start by drilling the Guanajauto project this spring. We could be in line for a nice surprise there too, before the drill moves to Reyna.
Now add in all the work that is going on nearby. Parmaount/Tara have just announced more success today at San Miguel. Paramejo is also working with several drills in the area. MAG announced a drilling program at Batopilas, and EXM controls the property that completely surrounds that project. DIB reported monster hits this week at the Cusi property, and the Bolivar project has yielded a steady stream of high grade results. You literally drive right by Bolivar on the road to visit Moris, a couple hours further west in Chihuahua. GGI is also lining up a drill to go after some targets this summer at the Morales project which is close to several EXM properties. The list goes on...
The spring/summer months are typically quiet for the PM sector, but I think we can look forward to a lot of news flow, and that should keep EXM on the front burner. It is amazing to me that you can still buy shares of this company for under a buck, even with the pending commencement of production at Moris.
cheers!
COACH247