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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Post by juststocks500on Jun 26, 2014 7:54am

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Post# 22695856

So basically...

Stephen believes that the current position (in terms of SP) is similar or much better than when we were drilling the East target and were at .12 cents.

Very good explanation of the target and their justification for exitement. Now am completely baffled as to why they even drilled East.

With drilling not before mid Aug, leaves us about 7 weeks or one cent a week to reach .12 at drilling time. So we'll see how the market reacts to that..

But it looks like it will be wall after wall at every half penny.

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