Xmet Inc XMTTF

quote from stephen

[terryshan]

spoke with him and this is the summary

1. asked about financing and future plans
answers from stephen:
- last two rounds of financing were still ok, no shortage of cash at the moment or before a news update, but would need additional funding if results are good and obviously more drilling
- very difficult to secure financing in the market (my interpretation is, probably not going to see another around unless there is good news, so do the math yourself)
2. asked about drill progress
- very close and was told to do the math
- drilled all as planned, but took longer due to very cold winter and harder to drill 
- assay takes a lot of time to produce. (although was not told anything more, but seems like cores are send already)
3. asked about possible info leak on site
- not a lot of people on site, but naive to believe people don't talk
- he doesn't think any leak at the moment (up to your interepation, but no one knows)
- the ususal confidentiality agreements in place with accountant to monitor trading
4. asked about news update contents
- can't comment much except news will be delivered accordingly, and full disclosure 
- believed in science (so i'm still leaning towards assay results before news)

Everything here is public knowledge. we all knew this from one form or another, but this is what the current progress is at for XMET (at least to our public knowledge)

Let's hope for some good news