First Asset Morningstar Emerging Markets Composite T.EXM.A

100 pence = 1 pound

[OilSandSam]

Then just use a currency converter and you get about 8 dollars Cad.(at 371 pence) They have about 307 million shares fully diluted. This was just released the other day; "Analysts at JP Morgan initiate coverage of Hochschild Mining Plc (ticker: HOC-GBX) with an "overweight" rating. The 12-month target price is set to 453p." So they are looking at about a 2 dollar gain in share price. Factor in the amount of shares they have FD, and that equates to a pretty hefty gain. It's not hard to figure out that Moris will be a big part of their forecasted increase in revenue, and that pretty much tells you a little something about the direction our SP should be going in. This is a good gig, Exmin's management is keeping a good handle on things. My opinion.

[groundhog]

Thanks OilSandSam. It makes sense now. I thought the numbers after the decimal were pence...hence my confusion! It is interesting to learn about JP Morgan's 12 months target on Hochschild as well. Cheers, GH