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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by chuck8on Jun 24, 2008 10:25am
378 Views
Post# 15221368

RE: Exmin Finances

RE: Exmin FinancesFor a stock that nobody seems to have many good things to say about, there has been a lot of buying at these levels and so somebody is accumulating. I agree that this is a company with many great properties but I can appreciate just how hard it must be to finance exploration of all the possibilities. We need that big hit to make the finance problems evaporate. I wonder if Hothchilds or some other mining company with deep pockets is gradually buying EXM at these levels as it would be a cheap way to accumulate. Regardless, I see no point in selling at these levels. Further patience is required IMHO.
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