xcl.to - i doubt that recent trading action means much, since there hasn't been volume in the stock for a month now .... there may be a few results back already, if so they're not spectacularly positive or we'd be seeing them ballyhooed, that is axiomatic ... however as for knowing 'success or failure', i don't think that applies here, since there is no question of some degree of success at Sleeper, they have known metal in hand and extremely likely chances of hitting more ... it's just a matter of how much more, and when ... i cannot believe that Amax got all the bonanza grade that existed there, if you look at the mine plan .... still those veins have small footprints, it takes time and a lot of poking before you nail one
The potential here is huge and has great chances imho, still it's not an ultra-cheap share, market cap of around usd24m right now .... the company has a stronger than average core of faithful shareholders, i don't personally worry much about insider selling ... at the same time it is likely some are pre-selling on runups in order to finance new placements, but only to small degree imho .... actually i don't think about X-Cal much any more, don't trade any, just holding, haven't asked around regarding it for a long time, so am not up on the latest scoop
Sorry i didn't respond before, J-R, i thought i posted back to you on friday, but didn't ... been busy lately, and when online getting caught up in political bs .... lots of people talking about Ivanhoe ivn.to lately [russ' thread, others], looks like it will get a pump, i snaffled a few, but more of the Wheaton common ... has to be a turn in here somewhere ... cheers |