Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:EXM.A - Post Discussion

View:
Post by RainRyder on Dec 06, 2007 9:46am

More good news

VANCOUVER, BRITISH COLUMBIA, Dec 06, 2007 (MARKET WIRE via COMTEX News Network) -- EXMIN Resources Inc. ("EXMIN") (TSX VENTURE: EXM) is pleased to report that Hochschild Mining plc ("Hochschild") ("HOC": LOX), has agreed to purchase by way of a private placement an additional 2,736,318 common shares of EXMIN at a price of $0.40 per share for gross proceeds of Cdn $1,094,527. This placement represents an additional investment beyond Hochschild's entitlement under the Strategic Alliance with EXMIN to maintain its percentage ownership position. The proceeds of the placement are earmarked for rehabilitation and operation costs associated with the Moris Mine, which is jointly owned by Hochschild (70%) and EXMIN (30%) under a joint venture. The Offering is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
Comment by Kruzer70 on Dec 06, 2007 10:05am
That's not good news
Comment by SMF069 on Dec 06, 2007 11:46am
I beg to differ Kruzer. EXM has a land package that any junior (or mid-tier) would be envious of. The “Majors” know this. This is VERY good news. I believe this is the BEGINNING of an ACQUISTION by either Hochschild or Penoles. Sell at these prices at your own peril!!! Good luck. SMF069
Comment by Kruzer70 on Dec 06, 2007 11:56am
I beg to differ Kruzer. EXM has a land package that any junior (or mid-tier) would be envious of. The “Majors” know this. This is VERY good news. The land package is old news. Today's news (the PP) is not good news and it's not bad news. I would have liked to have seen mention in the NR as to why we need a million dollars. After owning this thing for more than a year and a half I& ...more  
Comment by SMF069 on Dec 06, 2007 12:25pm
You would buy a REIT???? My goodness how in blazes do you make ANY money??? EXM’s land package has kept increasing in size and is NOT old news. Bluenote accurately stated that you can buy EXM blind at under $0.50. Hochschild & Penoles DO know the value of these properties. If you do some digging you’ll find that Penoles (at times) have relocated their drilling locations on EXM’s (Mr. ...more  
Comment by daytrader3 on Dec 06, 2007 8:18pm
I agree SMF.Houshchild and Penol know the land package's we have.I'm long and no hurry to sell.I have confidence in Karl and Dr.Gibson.IMHOP.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse