XAM 0.00% 5.5¢ xanadu mines ltd

Ann: Significant Extensions to Mineralisation at White Hill, page-15

  1. 7,594 Posts.
    lightbulb Created with Sketch. 826
    the drill hit (0.32%) is about a third of oyu tolgoi grade (0.9%), which isnt that high to begin with (its just a massive orebody).

    This is probably why you're not getting a huge uplift in SP ala solgold, but if the copper price keeps creeping up this could be a good way to play the market.

    I sold out a few months ago to put my money into faster moving markets but if I had spare cash I wouldnt mind parking it here....GLTA
 
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