OTCPK:EXSFF - Post by User
Comment by
Buzzardsbreathon Apr 15, 2016 12:57pm
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Post# 24771798
RE:RE:RE:Show me the drill intercepts
RE:RE:RE:Show me the drill interceptsMy last comments re:Brahma were not specific to his last comment but overall theme.
As for those details you present...I could write a tome on all the mining stories I've heard over the last 42 years many of which were spectacular. It's not about the fact but about the perception. Market psychology is the be-all-and-end-all.
Does the market make mistakes-you bet and IMHO this is one of them. Will the stock go up ? -very likely but again that depends on market preception not the facts-but the perception of the facts. This is why the market moves up preceding the release of said "Facts".
There are hundreds of stocks out there with horribly low PE ratios that quite frankly should be higher-a lot higher so it doesn't surpirse me that his stock and many like it have tanked-the environment is wrong (but changing). The amount of "investors" - real investors out there now that don't see things in 30 second sound bites are few thus the lack of informed investing. I'm sure in time this might change but I'm in this thing for the long haul and am fully aware that some mines take as long as ten years to eventuate into a working mine, if that's where this is going.
I was refering to is the proper investment tool for an investors temperment. If you're into a quick flip-try the futures market and good luck. If you're a conservative type, try a banking instrument-but this stock is a speculative stock and precieved as such. This means it's going to gyrate up and down and isn't for the faint of heart. To lay down big money of this baby you have to have B%lls of steel and lots of patience-if you do and it goes where it's supposed to go-big returns happen. If not then chauk it up to experience and move on....
Thus my previous comments.
GLTA....