Been away and not a big poster. Love copper, hence nane. Follow about one dozen copper and gold plays, large and small. Engineer, not geo. Age a secret but I am often too conservative. Look at potential rough economics of mine trying to extrapolate upside from drill data but this often too hard for early plays. Hope XAM can introduce more metrics like EV per CuEq lb as time goes on but it’s common this is not used if it yields poor numbers and often does not capture potential. Love XAM shallow high grade core but still small and looking for either much higher grades at depth or much much bigger. The reintroduction of the ET promotion recently is interesting and this is much bigger but bulked up and lower grade. XAM could have 1 b tonnes easy but at low grades.
I see rumours about TSX listing on this forum. Mmm, indifferent for me on this. Didn’t really help SolGold so far but other factors at play there. If XAM lists without a capital raise hope they can get liquidity up. Be interesting to see if distraction worth it as lots of North Americans on register already. Maybe they are less worried about Mongolia but I don’t buy into that.
Good luck
XAM Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
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