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Xmet Inc XMTTF

XMet Inc is a mining exploration company. The company engages in the exploration of its Canadian mineral properties in the provinces of Quebec and Ontario. Its property portfolio includes Grasset Property located in the northern part of the Abitibi greenstone belt, west of Matagami, Quebec; Authier Property located mainly in Poularies and Privat townships in the western Abitibi Region of Quebec and the Blackflake Property.


GREY:XMTTF - Post by User

Bullboard Posts
Post by MxPxon Apr 24, 2014 9:34pm
258 Views
Post# 22489117

Cautiously optimistic

Cautiously optimisticOk. I want to believe. During the premarket someone was determined to buy in at .115. Why push the price up when the bid would have gotten hit at .11. This tells me someone wanted in bad but why right away after a relatively flat day yesterday? The volume was large but we have seen a few days of similar volume to the downside so that doesn't mean much. The sellers that manipulated us down to .095 are gone... that's a good thing. So I'm left with two theories that make sense to me. The first is the obvious, someone has seen either core or assays that are good. The second is that the .PP closed yesterday and the same crew that brought us down is now pushing us up. I really want it to be based on what's coming out of the ground. That said if we see heavy volume and an uptick tomorrow then I will be inclined to think this is based on what we are pulling out of the ground.
Bullboard Posts