Hi guys, I haven't been posting much on this thread lately but have held EXM for quite a while. In my humble understanding we are looking at a Co with news due at anytime from an area whose past historic drill results looked like this:
12,883 G/T Au not a misprint
32m @ 670g/t Au
20m @ 333g/t Au
6.7m @ 833g/t Au
36m @ 210g/t Au
They also have a current resource estimate of 500,000+ ounces of high grade gold:
Juno - 321,415 ounces of gold @ 10.5g/t indicated
M10 - 92,296 ounces of gold @ 5 g/t, inferred
Nobles Nob - 17,904 ounces of gold @ 3.2g/t inferred
Total 532,244 ounce of gold @ 7.12 g/t
A target to increase their current gold resource by another 2 million ounces (check out boardroom radio) from the current drilling program that is underway which they also spent 9 months planning to maximise results. And to top all of that off as FatGuts pointed out that past mining had a cut off of 7g/t which by today’s standards is high grade gold and implies there would be a lot of gold left behind.
Is it just me or does anyone else think we should be trading around the 5's – 6's leading up to the news. Just wait and see what happens if we get a result like those past historic drill results hehehe. As for today's sell off many thanks to those that let me top up cheers, seems like a few day traders might have got caught with their hand in the cookie jar. BTW I am in for the long term. Good luck to holders.
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$3.00 |
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Mkt cap ! $209.5M |
Open | High | Low | Value | Volume |
$2.94 | $3.04 | $2.92 | $297.4K | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 7387 | $3.00 |
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Price($) | Vol. | No. |
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$3.03 | 3000 | 1 |
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No. | Vol. | Price($) |
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4 | 7387 | 3.000 |
1 | 388 | 2.990 |
1 | 693 | 2.950 |
1 | 10000 | 2.750 |
1 | 130000 | 2.700 |
Price($) | Vol. | No. |
---|---|---|
3.030 | 3000 | 1 |
3.040 | 2449 | 1 |
3.050 | 15000 | 2 |
3.100 | 13854 | 1 |
3.150 | 10646 | 2 |
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