GOLD 0.51% $1,391.7 gold futures

GagginEXM- Excalibur miningyes and at 10 + gpt JORC makes it a...

  1. 6,503 Posts.
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    Gaggin
    EXM- Excalibur mining
    yes and at 10 + gpt JORC makes it a very attractive proposition and even more, all the infralstructure is there,and there's more,there is still more gold to be added to the lataest JORC of 1.17 mil oz, and even more they also have appx $100 mil worth of copper.
    Prospect of becomming a producer is close.
    EXM is the one to watch.
    About $3.5 mil in the bank,+ 1mil out on security towards a JV
    The only down side there is 1.5 bil shares on issue.
    But to put it in perspective they are trading at 1.2 cps, do the figures and see what they should be trading at.
    It also seems we are in a gold bull market so its all in for EXM. I continue to buy when I can and have already a substantial holding.

 
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