major investment group, page-43

candlecnd

At last quarterly (31/1/08) Excalibur had over 2m cash in bank, subsequent to that they closed the placement raising a further $7.5m.

This company has enough cash to drill all year and into next

DYOR and get your facts straight

Tennant Creek has good infrastructure, allowing for drilling all year round. To date they have completed around 9000m of drilling of which we have seen assays from only around 1000m.

530,000 Oz gold already JORC compliant and Jorc definition drilling ongoing on several new targets over and above current resource.

Excalibur has potential resources at multiple targets including Rising Sun, Nobles nob west and east, Shaft 12, G11 and Juno East amongst others as well as expanding resources at Juno,Nobles nob and M10. Several of these have potential for early open-pit mining.

Everyone is entitled to an opinion but you clearly have no idea what you are talking about, go and do some real research.

BoomTrader