Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ximen Mining Corp V.XIM

Alternate Symbol(s):  XXMMF

Ximen Mining Corp. is a Canada-based exploration company, which is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in British Columbia (BC). The Company’s Brett Gold Project is situated in the North Okanagan region of southwest British Columbia approximately 29 kilometers (km) west of Vernon. Its Gold Drop Property is located about nine kilometers northeast of Greenwood, British Columbia, in the Greenwood Gold Mining district. Its Treasure Mountain property is located 30 km east of Hope, British Columbia. Its Kenville Mine property is located eight kilometers west of the town of Nelson in the West Kootenay region of British Columbia’s south-eastern interior. The Company’s Cariboo-Armelia gold mine is situated at Camp McKinney in British Columbia. Its Bouleau Property is adjacent to the Company’s Brett property, located near Vernon, British Columbia. Its Dentonia South Property is located 10 miles south of Greenwood, British Columbia.


TSXV:XIM - Post by User

Bullboard Posts
Comment by thegoldmanon Jun 01, 2015 12:50am
300 Views
Post# 23783286

RE:Fees

RE:FeesLost money on this stock but was looking to get back in cheap until I saw the financials. Here is some food for thought from the financials. "The amounts paid by the Company for the services provided by related parties have been determined by negotiation among the parties and, in certain cases, are covered by signed agreements. These transactions were in the normal course of operations. The amounts due to related parties are non-interest bearing, unsecured, and have no fixed terms of repayment, unless otherwise disclosed. The Company entered into the following transactions with related parties: a) During the period ended March 31, 2015, the Company incurred $50,003 (2014 – $7,500) in professional, exploration, and other reimbursements to the director and officer and $186,000 (2014 – $149,500) in consulting, exploration, and other reimbursements to a company owned by the director and officer." Remember - XIM still needs to make a final BIG payment this year in order to keep the Brett Property. My guess it can't because it will be tougher to raise the funds given the current share price.
Bullboard Posts