EXM - Excalibur Mining Corporation

[Go Nuke]

Hey hey...golds on its way up and that mean EXM goes up too!!:>
Nice to see.
Though Im sure its so quiet here becasue a few of us (myself included) are still holding some losses.

Though looking at the recent history of the gold price, you could assume that EXM has more to run yet.

 

[Absolutely]

I can't think that it's the gold price that has driven this up today. These guys are explorers, a long way from production, with many hurdles to overcome. Who knows what the gold price will be when they finally pull some of the stuff out of the ground. You would have to think this rise had something to do with possibly a cash injection being secured or something like that. Then again, it will probably go back .05c tomorrow.

 

[jeremy b]

Might have something to do with scoping study results due out.There is also talk of J.V With gold producer.Hoping it forms a base here as i brought in at 1.6.

 

[moneymajix]

Interest here today with some decent buying, up 30%.

1.3c.

Gold up and many expect it to keep heading that way.

 

[JTLP]

Anyone catch a glimpse at EXM's quarterly? Well worth the read...the whole 4 pages of it LOL

Everything seems pretty stagnant on EXM's front. Really need to find a suitable JV for tennant creek and get the ball rolling on. Gold is up and they have a decent resource...let's hope Oyster Consultings pre feas is worth the read and everything can go ahead as planned.

Still a bit of money in the bank but would prefer something concrete with a JV as a tension easer...

Bit of trading between the 1.1 - 1.7 range...accumulation?

 

[Go Nuke]

Yeah JTLP, they certainly have some good there...just got to get into production.
I was suprised to see EXM sluggish of the mark today, it finally had a rally but got pushed down again. probably becasue gold futures were down?

Alot of upside to EXM in the future.

 

[Go Nuke]

Is EXM doing so poorly compared to other gold mobs becasue they aren't actually mining yet??

I'm suprised to see so much on the sell side with gold prices where they are.

 

[JTLP]

I agree Go Nuke...I think I picked the worst performing producer (AVO) and worst performing explorer (EXM) of the bunch!

EXM really needs to start pumping out some ann's about resource upgrades and new assay results...they have the cash...the MD doing roadshows etc...certainly some interest can be garnered for this kid?

This is one leaky boat and last time it ran to 1.7 I was expecting something...maybe this time if it moves an actual ann will be made? I think we are expecting a Pre-Feas no?

 

[moneymajix]

Re: EXM - AN EXCALIBUR DAY!

Anns. out

29 May 2009 14:12 Tennant Creek Project 16
29 May 2009 14:11 Board Restructure and Broker Roadshow 2


Good news.

New board and roadshow.

Moves to becoming a producer in 2010.

It's GOLD!



It has been a long wait!

1.4c, up over 27%.



Aways, to go.

 

[Aargh!]

Finally some news out of the EXM camp. They have set a tight schedule for the next quarter with drilling of shallower pits, tails and dump testing, and verification drilling at Juno (verification?). Will be interesting if they can keep this schedule.

Another point being the mining of the shallow oxides will go to funding the 300m or so strip to the Juno ore.

 

[Georgeb]

This has the potential to increase in price dramatically as long as they can confirm the gold and copper resource.

 

[sagitar]

Hellooo...heeelloooo...heeelloooo (...echo....), anyone on this thread?

EXM is about to come alive - close to completing their latest set of drilling at Tenant Creek which could lead to a substantial re-rating of the stock.

Interest will likely be building this week as early birds grab their seats. Watch out because we may have a monster on our hands...LOL.

Don't tell me I didn't warn ya. Good luck all.

 

[Annwn]

Hi Sagitar
Latest I could find on EXM is a drilling update from 25/8

Looks like there have been delays

Chart looks OK, with Higher Highs and Lows,
Vol has increased
Resistance around the .30- 35 level

Cheers

 

[sagitar]

Hello Annwn,
Yes that's correct, EXM did initially experience delays during this program although those were contractor related issues which were subsequently sorted out. Infill drilling completion was scheduled for 4 weeks, which ends this coming week. Currently they have a resource of around 1.2M oz of gold jorc (plus heaps of Cu) in shallow low cost accessible pits. Given the high historical gold prospects of the area chances are high they will upgrade their current resource. At 1.4c, this company is very undervalued...but possibly not for long. cheers. S

p.s. nice chart by the way.

 

[Aargh!]

Hellooo...heeelloooo...heeelloooo (...echo....), anyone on this thread?

EXM is about to come alive - close to completing their latest set of drilling at Tenant Creek which could lead to a substantial re-rating of the stock.

Interest will likely be building this week as early birds grab their seats. Watch out because we may have a monster on our hands...LOL.

Don't tell me I didn't warn ya. Good luck all.

What a poor quality effort at a ramping post. This isn't HC so you are required to back up your "Monster" claims with some form of analysis.

 

[jancha]

Hellooo...heeelloooo...heeelloooo (...echo....), anyone on this thread?

EXM is about to come alive - close to completing their latest set of drilling at Tenant Creek which could lead to a substantial re-rating of the stock.

Interest will likely be building this week as early birds grab their seats. Watch out because we may have a monster on our hands...LOL.

Don't tell me I didn't warn ya. Good luck all.

LOL is about right. They would have to find a s**t load of gold with the amount of shares in this company. Good luck anyway

 

[sagitar]

"...may have a monster on our hands...LOL"

C'mon guys/gals, lighten up...only trying to wake up this dead thread with a bit of sarcastic humour. Oh well, lets see how things unfold.

 

[Pallen]

Diluted to buggery.

No doubt will rise on any announcement, but I just dont trust the management in charge.

Traders stock until they do something, anything.

 

[sagitar]

Well guys, as I had implied earlier, this is only the beginning. The share price has appreciated considerably over the current week - a gain of 21% for the week!! This climb is coinciding with the price of gold (not that there may be a direct association yet) but more importantly with attention turning to what they further uncover in the current drilling round at TC, which is also scheduled to conclude around about now. Next week there'll be more action to come imo...until then, hasta pronto amigos.

 

[adobee]

Its been a whilse since I have looked at these bad boys but with my focus now on the NT i will be re evaluating my exm holdings.. Most gold stocks have really picked up of late but EXM is yet to see much gain even with proven resource.. will look take a position this morning.. BOOM !