Xmet Inc XMTTF

Metals & Mining Gold Industrial Metals & Minerals

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.

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Xmet Inc

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Comment by hyacon May 03, 2014 11:36am

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Post# 22521038

RE:RE:RE:Well worth repeating by todaypartlycloudy...

My interpretation of the answers of Stephen is positive.The key phrase is: "more drilling is always a good thing". He would not say that if the drilling was not good, plus they receive 300 000$ after the drilling start. I'm pretty sure when the NR will be release, they will say that they drill more than 1500m. Considering that the management look responsable (no visual before results is a good exemple) I think they would not spend cash on the drilling anymore if they didn't find anything. Let's not forget that there is other anomalies in the Blackflake project and they also have other properties in Québec. They probably saw the hands of the drillers who were all grey, and they keep drilling as long as the meteo afford it, haha! More optimist then ever!

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