XEN xenolith resources limited

Agreed sinbin, o/s activity is generally in the first 30 mins....

  1. 2,070 Posts.
    Agreed sinbin, o/s activity is generally in the first 30 mins. There always was going to be a lot of os activity in this stock, particularly from Canada as our project is in their backyard, they will know the potential here better than anyone.

    IMO It would make sense for XEN to undertake a TSX listing for the next phase of development funding for the project. Given we have a JORC resource we could list straight on their mainboard. If the project is half as good as we think it is, Gene shouldnt have any problems marketing this to Canadian insto's for any TSX listing.

    Another benefit is that given the stellar rise in share price, the potential dilution factor of any future cap raise is diminishing substantially by the day. It just keeps getting better and better for existing shreholders. This has got $$$ written all over it, given the hasty accumulation of late there are plenty who agree with me.

    Cheers to holders.

 
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