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

TSX:EXM.A - Post Discussion

First Asset Morningstar Emerging Markets Composite > something''s not right here...
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Post by luv2makemoney on Nov 27, 2007 9:53am

something''s not right here...

CPQ reports a few drill results and ends up with twice our MC. We're producing...actually pulling something out of the ground and we're dropping..so much for 'producers are the way to go'... Karl needs to wind up the hype machine...lol At 10:30 this a.m. Allan Barry will be on BNN... HE likes EXMIN...maybe say something nice about us. GLTA
Comment by Nosleep on Nov 27, 2007 11:17am
this isn't the only producer in this predicament. Most of my portfolio is near term producers or producers that have just started production. I think the thing with them is that there seems to be a transition period where it takes a few quarters of positive cash flow to get extra interest involved in picking up shares, and since there's not much hype or news old investor interest wanes ...more  
Comment by chuck8 on Nov 27, 2007 11:34am
A buying opportunity for those that have the room. I think the market is generally on its heels since sub-prime waiting for the other shoe to drop....don't know what will allow a change in market confidence and direction. Exmin was at its high when gold was more than $100 less than what it is now and we've had some positive developments since then, so I agree that something is not right ...more  
Comment by gabrielgray on Nov 27, 2007 11:55am
I agree, it's definitely a market issue. MAI just doubled their SJ gold and silver resource, and they're up 6 cents. While the market waits for the other shoe to drop, it's turning out the credit fiasco is a centipede. There are a lot of other shoes still to drop. Today's Dow rally is nothing more than an oversold bounce. For the nimble trader, it's a tradable rally, but ...more  
Comment by luv2makemoney on Nov 28, 2007 9:30am
Thanks for all the opinions expressed. One more thing about our little Exmin. A year ago (or so) it was a big deal that we'd have a drill and team tied up for at least a year. I was expecting some more news on the drilling front. Exploration companies that aren't exploring aren't going to attract positive attention. I know the sector sold off but is lame. I'm glad I took a ...more  
Comment by mattbigham on Nov 29, 2007 12:20am
I follow silver trading daily-and have for years. I wrote this letter to a friend today and although it is not of any particular stock you can understand I am getting tired of those that are selling out their shareholders and undermining the base of the company-the longs-for quick profit: Silver is at 14.53 today and has bottomed according to IBD and the charts. With the exception of one ...more  
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