The second fortune mine last time in production produced head grade gold at 13.5 gt in 1988 when gold price was at its lowest. Fast forward to 1600 gold price and if they produce at similar grade will generate more than enough cashflow next year to pay for exploration. EXC have 50km of unexplored strike plus surround GME tiny piece of land in every direction and did you see there surface gold hits on Monday. Set up to be one of the best goldies in 2016.....
EXC Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
