If my calculations are right @ $1300 per oz, EXM holds $1.5 billion of gold at Tennant Creek, plus copper credits.
Thats got to be a mine maker, with costs comming down and expectations of a gold bull market, makes this a extreamly good bet. Also more drilling to come they will get to thier target of 2mil oz this year.
This cannot stay at this pathetic level for very much longer.
I believe this is great timing in the market for EXM to announce thier intentions to become a producer.
$1.5 billion gold @ shallow depth
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