Last Call and Last Post for now
IMO, those in now are close to be rewarded for patience and investment risk associated with an early exploration play. I could be wrong but I sure like the odds. Watch for an overshoot on any announcement
The underlying value of the BWN shares has increased $760,000 since mid September and XT is actually down over the same comparative period. May not seem like a lot of scratch but it is a gain of .065 per share. Seems to be a lot of strength in BWN of recent and eventually these shares will deliver value to XT holders.
Assuming the same purchaser, National Bank has accumulated 7.5% of the public float in the past 35 days. If you doubt it is the same purchaser, have a look at the order trends.
I would suspect basedon the total outstanding that sales through union and RBC are for the most part done but we may have a few others from the past come forward.
It's all good. I'm calling for .80 before the end of October. That still leaves this at less than $10 million market cap. With the right news from the air surcey and accompanying exploration plan (a test well), I have a hard time believing a $15 million market cap is not achievable once a little speculation value is given to XT s/p