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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
Comment by ss1867on May 22, 2014 9:39pm
146 Views
Post# 22590203

RE:well nr says new property deal

RE:well nr says new property deal
RocketRed wrote: What you need new property for the other one no good that's what it usually means Insider selling why now lol


Exactly, everyone seems to think it`s all blue skies around here. 2 sides to this coin... -1- Blackflake drill assays came up empty of anything that looks to be economically viable and they needed to move fast to acquire a new land package before the share price gets creamed and the money runs out...or -2- Yes they hit pay dirt with the maiden drill program at Blackflake and expect a generous bump in the share price and the companies ability to raise cash moving forward, so let`s gobble up more land in the area with similar geology. Point is no one knows except for the boys at the helm...more smoke and mirrors or a shrewd business move. One can easily read either scenario into latest developments. SS
Bullboard Posts