GREY:XMTTF - Post by User
Post by
MRSPECon Dec 06, 2013 9:07am
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Post# 21977952
newbies read ZEN 43-101
newbies read ZEN 43-101IMO i think its important to understand a few things, and this is just my opinion. when ZEN kept moving up from levels just above XME and broke 1,2,3 bucks etc. I really wanted to understand why that graphite play was moving and others realy were not. I didnt realize the price per ton was so high on hydrothermal. Its still early in the game but I can't find a reason why XME cant reach 1.00 next year. Gold bugs when you see assays of 50 meters of say 10 grams a ton or 500.00 a ton thats pretty good( not these days because of gold) but the price of hydro thermal 99% is over $8,000.00 bucks a ton.
IMO XME is a buy for your tax free trading account because the gains are about to get stupid. The bottom is .06 cents, the top is currently unlimted Buy a wack and sell a small portion later on and your shares will be free asuuming 100k today would cost 6k you sell at .25 and you have over 70,000 free shares
This is one of those plays that will not remain cheap for long imo