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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 Jul 07, 2011 7:12am
319 Views
Post# 18804816

RE: $6,500,000 Drill Program Recommended

RE: $6,500,000 Drill Program RecommendedJust read this about the recommended drill program.  OK.  Disclaimer.  I have owned Sultan for a long time...five years or more.  Obviously, hindsight shows that I should have gotten out back when they had their little flourish that sent them very briefly to the sixty cent level on large volume.  That was back when Arthur was trumpeting the company with Stanley Hunt on his website (3 or 4 years ago I think).  Didn't move on it.  Mistake.  So, if they are to seriously consider 61/2 million dollar drilling, when is the consolidation coming, because it must.  That amount of money at current price dilutes by 1621/2 million shares.  That's not going to happen.  So, I say let's get on with it.  Roll it back.  Do the financing ( if you can find interested parties), and get some drills turning.  Hope for results that get some serious attention.  That to me is the only way myself  and I suspect many other longs on this one will ever have any chance to see the waterline again.  Thoughts anyone??
Bullboard Posts