Xmet Inc XMTTF

RE:My interpretation of news

[Kimchicake]

Gump, I think you've got it right.  This was a tactical early NR to stop the bleeding.  It states that they are presently evaluating for hydrothermal graphite.  They did not plan to release any info on the drill holes before the lab results come in, and they very carefully avoided spilling the beans.  This NR does, however, give tantalizing hints of multiple targets for quite varied and valuable mineral assets that may very possibly augment any hydrothermal graphite.  It is still speculative, but the odds are looking up.  NOTE:  they very definately did NOT say they struck out on hydrothermal 

graphite.  Rock definately has a point when he notes they drilled way past their original planned150-200 meter depth, which they said they would not do unless they were into a rich ore body.