Excalibur Resources: 250tpd plant with commercial production in 2014

2014 Gold Producer (dividend planned) in Pinos Bonanza Gold District, Zacatecas, Mexico

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Message: News: private placement
Good move. New long term investors replace Pinetree. PP price 45% higher than last PP. Half warrant instead of full warrant. Warrant for 0.20 instead of 0.15. No comission fees. $1M cash, $100k burn rate per month, 3 months to full production. No more PP's now. Bob Moriarty well impressed on his site visit: “This is one of the highest grade gold projects in Mexico. The company is just going to throw off cash.’ /// http://www.stockhouse.com/Ask-The-Expert/2012/Apr/16/Bob-Moriarty-on-gold-stocks-and-Excalibur /// FANTOMAS
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