Agoracom: Small Cap Investment - Exgen Resources Inc. - BXX NR

Welcome To The ExGen Resources HUB On AGORACOM

The Company is focused on the discovery and development of large polymetallic porphyry copper deposits in North America - an area that host numerous world class polymetallic porphyry copper deposits.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Chappy726

Rank: President [?]

Points: 13889 [?]

Votes: 149 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

BXX NR - PP

posted on Nov 17, 2011 10:34AM

SH is 'effed' again this morning and is running out of time to get its sht together.

BXX is raising some money. Not a surprise.

....The proceeds of the Non-Flow-Through Unit Offering will be used primarily to drill test the strike and depth extensions of the two zones of copper-gold-silver-molybdenum mineralization intersected in DDH-07-2011 and previously untested chargeability anomalies located under the Oro Amigo mine, a former small copper mine located within the Boss copper-gold project, and for general working capital purposes. The proceeds of the Flow-Through Unit Offering will be used to continue exploration, including diamond drilling on Boxxer's Canadian properties, including the Gordon Lake gold property in the NWT, the East Breccia copper-molybdenum-silver property in Ontario, and the DOK porphyry copper-gold-molybdenum-silver property in northwest, British Columbia.

Elmer is starting to think about drilling the Canadian properities - including Dok. Should be an interesting year ahead for BXX. I am very curious about the Dok property given it's location to Schaft Creek.