xstrata is here, page-10

Asjadyahya,

Have held GUN for some time & bought AXT because of the potential in the adjoining GUN's Emmie Bluff project (JV with Xstrata). They will be drilling in June & are looking for the source of mineralisation which could quite be in AXT's tenements. It's a long haul but finding the source could provide multiples in share price. GUN's main objective is still Coburn but I do hope that Xstrata find the source going through both tenements ! I do find it interesting that management in both companies appear to be similar - seeking shareholder value & not spending our money unneccessarily.