EXLA Resources Inc. (EXLA)

[3CTraderIsBack]

I don't think it moves quite that fast and a lot depends on the results. Feasibility is next and possible sale if "proved up". Who knows, maybe a major player will come in and offer up a billion. :)

Remember their OTC Business Description:

EXLA Resources is in the business of acquiring claims and to develop mining operations for either the extraction of minerals or the proving up of resources to sell the claims.

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Basic Phases to Production:

Phase 1 – Exploration
During this phase, mining claims are identified for potential deposit value.

Phase 2 – Development
Includes feasibility, engineering, construction, and investment.

Phase 3 – Production
Extraction, Milling, and Operations.