EXT 11.1% 0.8¢ excite technology services ltd

a reason for the sell off - by an analyst, page-3

  1. 165 Posts.
    heyhoes oversimplified analysis ignores the recent drillholes that are highgrading the project. The further south they drill the higher grade they find. A starter pit at 1500 instead of the originally thought 487 in the scoping study will send the economics of the projects to a whole new level. EXT price is simply following the market down. The offer will come soon and it wont matter. A junior miner will not be operating this thing. its too big and too valuable on so many levels. The new drill holes they are pulling will make this project competitive witht he super highgrade but flood risky athabasca projects like mcarthur lake.

    heyhoe is wrong. grade is king.
 
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0.8¢ 0.9¢ 0.8¢ $12.20K 1.444M

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0.9¢ 3702653 6
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