XEN - Xenolith Resources - Aussie Stock Forums

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  1. #1

    Post XEN - Xenolith Resources

    Warning ..... astrostuff ahead and XEN is a
    very thinly traded stock .....

    Hi folks,

    XEN ..... two major cycles and a minor cycle
    may well bring some news from this minnow,
    over the next few days ..... just as the share
    price makes a Fibo retracement on the chart ..... yes???

    20-23012006 ..... 3 time cycles = news and CIT ???

    29-30022006 ..... positive financial news???

    happy days



  2. #2

    Smile Re: XEN - Xenolith Gold

    Hi folks,

    XEN ..... thinly traded stock, but has come
    alive this past week .....

    Depth showing only 5 sellers, between 10 and 20 cents
    and buy-side has fill in considerably.

    Expecting good news next week:

    17052006 ..... positive spotlight on XEN

    18052006 ..... positive news expected here.

    One to watch closely .....

    happy days


  3. #3

    Default Re: XEN - Xenolith Gold

    Well spotted Yogi. Rose 20% yesterday when everything crashed. Why did you pick it, and what will it do in a rebound?

  4. #4

    Smile Re: XEN - Xenolith Gold

    Hi Moses,

    Welcome aboard.

    XEN is another one in our posted watchlist, that has
    broken out (CNN also posted at the same time) ...

    ..... XEN news/moves expected 16052006 & 18052006.

    As always, our picks are based on Gann's astroanalysis
    of individual stocks.

    Will be alert for resistance, around 15 - 20 and 25 cents,
    but be warned that this is a VERY THINLY traded stock.

    happy days


  5. #5

    Default Re: XEN - Xenolith Resources Ltd - previously Xenolith Gold

    xenolith has released an ann this morning stating that its canadian hinton coal project's initial coal resource estimate is expected to be completed by early june (based on esso data from the 80s), followed by a scoping study to be completed by years end, thence a feasability study


    potential for low strip ratio, low cost, open pit thermal coal operation

    3 kms from railway, grid power available on boundary, within a 50km radius of canada's major thermal coal exporting mines

    [addendum - sp rose significantly last week on huge volume]

    Last edited by happytown; 26th-May-2009 at 12:00 PM. Reason: insrtd addendum

  6. #6

    Default Re: XEN - Xenolith Resources Ltd - previously Xenolith Gold

    ... and ann out regarding the initial coal resource at hinton


    Potentially open pittable Coal Resource of 339.2Mt defined at Hinton East

    Measured & Indicated Resource of 296.1Mt represents 87% of total resource


    Cumulative coal thickness of 26m, with four largest seams comprising 20m

    Potential for additional tonnage at Hinton West and Hinton North

    a scoping study is expected to commence shortly and be completed by the end of the year

    sp currently up approx 30%, on above average volume


  7. #7
    Formerly known as ijh Lucky_Country's Avatar
    Join Date
    Jun 2006

    Thumbs up Re: XEN - Xenolith Resources

    Looks like XEN is definately on the radar of many an investor.

    Good volume closed on its highs and I think this is just the start.

    This company has top class management and a very strategic coal project with a JORC resource.

    Close to infrastructure, low cost production, top quality product and easy delivery to Asian market.

    Looks like ano brainer to me.

  8. #8

    Default Re: XEN - Xenolith Resources

    Looks like the rotation out of gold into becoming a coal player is working out for XEN. They hold tenements in Canada and will be renaming to Coalspur soon to reflect the area concerned. The property itself is called Hinton East and was previously looked by Esso.

    JORC reserves should be due in the next 3-4 weeks which probably explains the recently growing interest.



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