hi toggsglad to hear that you were able to speak to MD, thanks...

hi toggs

glad to hear that you were able to speak to MD, thanks for relaying your conversation with him. I have not had too much trouble speaking to them in the past and cant understand why people are carrying on about it.

Excalibur is continuing drilling as you outlined. The junior sector of the market has generally been smashed and exm took a hit at the same time. This Co is in the business of exploring for gold and creating long term value for shareholders by finding new reserves. Some here seem to think that the job of management is to generate short term profits for shareholders.
Exm is currently in phase 1 of their drilling program and has just raised a significant amount of money ($7.5m) in order that it can continue and accelerate its drilling program well into next year.
If traders bought into this stock with the view to making a quick buck well it looks like they got caught between a market crash and backed up labs. No-ones fault just poor timing. All this Co bashing is a bit unrealistic imo.
As barneyw pointed out when things arent going well out come the knives. People need to remember that this Co is actually in a better position now than it was when it was trading above 3c with confirmation of high grade gold and $10m in the bank to continue drilling what is historically some of the highest grade and richest tenements in Australia.Price of gold over US$900 Oz and forecast to go to well over US$1000 Oz.

be patient and hold, results will be released when they are available.