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Bullboard - Stock Discussion Forum First Asset Morningstar Emerging Markets Composite T.EXM.A

TSX:EXM.A - Post Discussion

Post by OilSandSam on Nov 23, 2006 1:07pm

Hoof

I hate to assume anything, but Karl is/was down at the projects and last time he brought us back a land acquisition (La Guiterra). I'm sure there is business of one kind or another taking place that could generate a release. I have three preferences for news. 1) drill results from Moris 2) Hochschild in receipt of more of our shares as per our J/V deal, the weighted average is now .40 cents and that would signal positive results at Moris. 3) a 1/4 report that shows a nice reduction in warrants (even if they don't expire till 2008). If your not sure on the J/V deal with hochschild, this describes the cash part of the deal. https://www.stockhouse.ca/news/news.asp?newsid=3874927&tick= The 1/4 report comes before the end of the month, it would be nice to have a kicker to go with it (or before it).
Comment by mcshoof on Nov 23, 2006 1:52pm
thank you for that info.i think the prospectus is looking good.have a prosperous day.
Comment by mcshoof on Nov 23, 2006 2:17pm
vol is not as big! but no one is parting with shares. tight as a drum!
Comment by myllow1 on Nov 23, 2006 6:49pm
Tight as drum...I agree. We really seem to be on the edge. However, this stock seems to work in cycle and we might see the next one in a 8-12 tardy day timeframe...Just MHO Was able to step back in today at a lower price than when I sold at HOD yesterday... May play this again but surely keeping my eyes on the volumes and SP moves... GLTA MY1
Comment by mcshoof on Nov 23, 2006 7:03pm
good point! it would be nice to see a bit more vol! i wouldn't be suprised to see a 4-5 cent spike then a little dip again. these are good for quick little trades.although i plan to stay long. prolly buy more on next dip. good luck!
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