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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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.


GREY:XMTTF - Post by User

Xmet Inc
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Comment by gump132on Feb 27, 2015 6:05pm
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Post# 23474299

RE:RE:RE:RE:Xmet Announces Closing of Private Placement

RE:RE:RE:RE:Xmet Announces Closing of Private PlacementThey only had enough to proceed with drilling grasset. Not enough to do more on BFW. I think this new money is to continue drilling BFW. Management probably doesn't know what the assay results are yet on the larger batch so they are probably taking the money now just in case they are not stellar. The SP has been below $0.05 for awhile so this has been their first chance in some time to raise money.
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Dealroom for high-potential pre-IPO opportunities