What has me intrigued is something that MA said at the brisbane presentation earlier in the year about Hazel Creek being a look alike to CCP. I like to think of Hazel Creek as CCP Mk 2 (Carbon Copy Project Mk 2).
Also they'd only spent 2 mill back when on Hazel and 25 mill developing the original CCP. Now with full pockets it'll be interesting to see the drill results coming in from this geologically identical area.
The mind boggles as to where the SP will pull back to after the ex div date if some good drill results come in. I would like to think above 40 cents!
Between that and more gold to process till next year at the current spot prices the cup overfloweth. The higher prices should have an impact on the next quarterly.
Gold may even go higher when ze germans have to vote on the EU bailouts in september as Merckel is copping it from her own party.
What a gem EXS has turned out to be, through all this turmoil on the markets of late.
EXS Price at posting:
63.0¢ Sentiment: Hold Disclosure: Held
