RE: RE: Goldcross can't speak? Mouserman the problem with EXN has always been the size of the resource. They have something like 800,000 tonnes of indicated and inferred resource. Hasn't been updated for at least a year and half. So i would assume that this is much higher now that they have found much bigger drill results recently then they have ever had. This new resource is a little lower grade but much higher tonnage of resource.
EXN has basically funded exploratation, company costs and has close to 14 million in the bank (even with the stoppage) with a 300 tonne -500 tonne a day mining. So just image how much money EXN would be makeing if they were able to find the resource and move too 2000 tonnes a day. I've been around EXN since 2005 and have watched and participated on the roller coaster ride called EXN share price.
This is why I find it quite funny that since EXN has found there largest deposit to date that all these problems have become centre staged and taken away from the huge importance to this last few drill results and the new deposit. This stock should be around 70 cents based on basic fundamentals of other Mexican miners.
Tank