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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
Post by purethingon May 10, 2019 1:09pm
82 Views
Post# 29734941

Strategy

StrategyWhat's wrong with the strategy of Ximen acquiring a mine with a mineable resource of over 300,000 ounces of gold which is within trucking distance of a modern mill now controlled by Ximen's president?

This is a fairly complex transaction but it eventually moves Ximen from an explorationist to a producer. 

As for the share price, yes it and most every other resource stock has weakened over the past several months. 

GTLA
Bullboard Posts