XEN xenolith resources limited

Ann: Scoping Study Commences on Hinton Coal Proje, page-3

  1. 726 Posts.
    re: Ann: Scoping Study Commences on Hinton Co... I think some realised that this isn't going to happen overnight.

    Upon completion of the scoping study the Company will undertake a pre-feasibility study, which is expected to be completed in mid 2010.

    The next rally will happen when the scoping results are published then expect another lull until the pre-feasibility study results come out .... then the project will be either not viable so game over .... or it is viable and further studies will be needed, and I expect more funding will be required.

    At this point in time XEN is not a stock for short term traders.
 
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