OTCPK:EXSFF - Post by User
Comment by
marison Apr 09, 2011 1:04pm
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Post# 18409145
RE: RE: RE: Another lesson for Denton
RE: RE: RE: Another lesson for DentonWhere did I mention fear of the land package? I brought to the forefront the thought thatcomapies in smilar fields could be valued differently based on costs to mine the minerals. Isn't LSG already a functioning mining company? If so they have pumped funds into achieving this status something that EXS is in the process of considering. We are on the same side of the fence. I have a considerable position inthis company and know the risks; the highs and lows to the psyche. We all love a 7 cent pop which could translate into 5 or 6 figure gains for the day . But the pendulm has a way of swinging both ways. A 7 cent loss is momentarily heatbreaking.
Been around enough to know excitment that has no bounds can turn into a letdown. Rarely does the hype meet the reality. We can hope this is the one that will reverse the tide but that road has been traveled many times.
As for unloading my position I do not want to take my capital gains off the table. I can handle a total loss as well if not better then a multimillion dollar gain. The former I have experience with whereas the latter not so much