XAM 3.39% 5.7¢ xanadu mines ltd

Ann: Kharmagtai Resource Drilling and P E A Underway, page-3

  1. 1,238 Posts.
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    this is actually a very positive ann imho. the drilling planned is pretty exciting and the sort of thing that a company wouldn't commit to if there was no value in it. the prospect of a massive pit that encompasses two neighboring deposits just makes sense - if the economics work, and that is part of the plan to work through these issues.

    with the sp having recently bounced of all time lows, perhaps now is 'buy o'clock'? anyone have a view why not to buy now??

    Certainly could be strong news flow of results with the planned drilling getting underway.
 
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