Xmet Inc XMTTF

Metals & Mining Gold

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 gump132on May 23, 2014 5:47pm

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Post# 22594282

RE:RE:RE:RE:What I Gleaned From Talking to the CEO

mensplus wrote:
No jest, how do you KNOW they hit first two holes?btw, a "hit" would mean ZEN like findings..

I think he is basing that on the fact that they drilled deeper on those holes than initially planned. If you look at the map of the drill holes and zoom it you can see the depth drilled for each. Apparently they only planned on drill up to 200M for each hole but they changed their mind mid drill and went even deeper. Stephen has also been quoted as saying more drilling is always a good thing.

I think they hit something, just a question of what and if the grades are high enough to be valuable. Patiently waiting for lab results :)

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