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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 eastofedenon Jun 26, 2007 11:35pm
119 Views
Post# 13003677

RE: Compare v.sul to v.dbl

RE: Compare v.sul to v.dblHey TM: I would definately agree that if you can't afford to wait out an illogical market, then Sul is probably not for you. I have been in for three or four years, don't remember exactly, but I have around about half my position in at .12 so that helps. If anticipated assays (mid July I think) give us another bit of upward momo, then maybe I take a bit off the table trading a few, but as another poster (rightaway I believe) comments, Sul should be viewed as a long-term hold, and I see myself maintaining a decent core position for some time to come. Lot's of possibilities, one of which could be Sprott participation at some point through their Moly fund. Typically anything they look at they like to get into as early on as possible, and I would like to think that Sul still offers that opportunity. Anyway, I picked up some more today @ .325. Whether it dips considerably lower (low 20's) I would say depends to some extent on the expediency of the release of the next assays. I didn't want to "sit by" in case they are early and they are good. Late night musings...for what it's worth. Good luck to all.
Bullboard Posts