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 juststocks500on Jun 11, 2014 7:43am

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Post# 22648321

RE:RE:2 weeks away from the AGM

gump132 wrote:
It's possible they have already started the airborne surveys and considered their previous news release as notification since they said that was the first step. Perhaps once permits are issued they will announce that the airborne survey is complete and ground work is commencing? All speculation.

I'm going to email Stephen and ask him about the airborne survey. See what he says. I'll copy/paste the email here once he responds.

I would agree as well that notice has been given. In fact the whole plan has been given. I don't understand the risk of doing these Airborne surveys ahead of time vs waiting for permits. But it seems to me that an announcment of permits coupled with the beginning of ground work would pack a better punch for the SP and show the company's resilience and eagerness to succeed than would simply the confirmation of permits.

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