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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 > As my wife just said to me......
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Post by QTraderOne on Jan 09, 2008 2:49pm

As my wife just said to me......

After reading the EXM news ... "People would have to be crazy not to invest in EXM"at these prices"... And she's right!! GLTA from a long time EXM shareholder.
Comment by Revelation181 on Jan 09, 2008 8:50pm
Mining Promotors are like used car salesmen....""""""""""""""""""Bottom Line""""""""""""""""""""""""Market Activity Embodies EVERYTHING that is known about a stock  Both Public and ...more  
Comment by bryancj on Jan 11, 2008 2:11pm
This has got to be good for EXM now that it is producing gold. We should see strong Q1 08 results if this stays at this level.
Comment by ramblersrest on Jan 11, 2008 3:46pm
.....we only have a minor ownership percentage in a small producing mine ; if it is profitable EXM could recieve some benefit,however,it could drag the company down further if the mine is in a losing position ;;;;; the major partner has deep pockets and can cover their loss but EXM has no cashflow to cover it's portion
Comment by bryancj on Jan 11, 2008 5:48pm
Do you really think cash costs are going to be higher than $900/oz? Normally cash costs are higher in the first few months when commissioning mines fotr start up, however Q1 08 should give a good picture of profit potential and if gold stays up at this level I would find it hard to believe Moris could be loss making. EXM are expecting approx $4m a year cash from Moris. EXM is an exploration ...more  
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