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Xmet Inc XMTTF

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

Bullboard Posts
Comment by gump132on Jun 11, 2015 1:31pm
85 Views
Post# 23821009

RE:Why

RE:WhyIf the results ARE bad, then this long delay is not helping them in any way. Same reason I am holding my shares for now. This seems very uncharacteristic of this management team. Could be that they are just in total damage control mode and are trying to make a plan for the future of the company, or they have something good and are currently in negotiations with someone and releasing the results now would have an adverse impact on those negotiations.

50/50 at this point. I am betting they have something good but this wait is tough.
Bullboard Posts