Xanadu Mines - XAM

[mark100]

Surprised there isn't already a thread on this one. A recently listed Mongolian coal play.

The listing price was 60c. Noble Group has just taken a 10% stake at 70c which has seen the share price move up to that level this morning. A bit of hype around the Noble stake might see this one kick on at some stage.

I hold a few and I suspect HC might as well

[Huang Chung]

Hi Mark

Always worth paying attention when Nobel starts getting in on the act....

I had a very brief look at XAM a week or so ago, but didn't buy. I've pretty much stuck to Hunnu as my Mongolian Coal play. I'm a bit excited about Hunnu at the moment, because they've gone into a trading halt for a "JORC resource update". Hopefully we will get a maiden coking coal resource.

[mark100]

HC, For some reason I thought you were wangjanglang on hotcopper which is why I thought you were into XAM. I missed the boat on HUN but I'm hoping the Noble association will give XAM a move on. My favourite bull Charlie Aitken is keen on them too but that's probably more to do with SCE handling the IPO

[Huang Chung]

Mark...I'm WangChung on HC.

Good luck in Xanadu.....

[mark100]

Ah yes of course. The wang got me confused!