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

TSX:EXM.A - Post Discussion

Post by WW on Jul 15, 2008 7:30pm

NEWS

https://www.globeinvestor.com/servlet/story/CCNM.20080715.474328_1/GIStory/

EXMIN Resources Inc.: Dr. Craig Gibson Appointed to the Board of Directors

19:08 EDT Tuesday, July 15, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 15, 2008) - EXMIN Resources Inc. ("EXMIN") (TSX VENTURE:EXM) is pleased to announce that Dr. Craig Gibson, Co-founder and Executive Vice President of Exploration, has been appointed to the Board of Directors. Dr. Gibson brings a wealth of expertise in the geological and mining development areas, as well as his extensive experience of working in Mexico.

"We are pleased to have Dr. Gibson appointed to the Board. His developmental and operating experience will be a necessary skill set to augment the current Board of Directors, as EXMIN focuses on developing several projects to near term production," stated Co-founder and President & CEO, Mr. Karl J. Boltz.

Dr. Gibson's appointment follows the resignation of Mr. John Campbell. Mr. Campbell, who is semi-retiring from various activities, has brought invaluable experience and advice to EXMIN Management, since the Company went public in April, 2005. The Board of EXMIN wishes to thank Mr. Campbell for his very valuable contribution during the last three years and looks forward to his continued advisory support in the future.

The Board has also appointed Mr. Jeffrey Dawson to the Audit Committee of EXMIN.

About EXMIN

EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico.

Note: EXMIN Resources Inc. (EXMIN) has taken all reasonable care in producing and publishing information contained in this news release. Material in this news release may still contain technical inaccuracies, omissions or typographical errors, for which EXMIN assumes no responsibility. This news release may include certain "forward-looking statements" including but not limited to comments regarding predictions and projections. All statements, other than statements of historical fact, included in this news release, including, without limitation, statements regarding potential mineralization, exploration results, and future plans and objectives of EXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in documents filed from time to time with the regulatory authorities.

FOR FURTHER INFORMATION PLEASE CONTACT:

EXMIN Resources Inc.Karl J. BoltzPresident & CEO1-866-493-9646 or 1-866-49-EXMINEmail: info@exmin.com  
Comment by bigbeach2010 on Jul 15, 2008 8:12pm
GOOD / BAD?????Gibson should have already had a significant impact on any happenings within the company, what we need is more of a management shake up, or at least see management show some confidence in the company.  I hate to be negative but there has been very little to be positive about, other than the fact that the sector is still more or less in the toilet.  We are nearing $1000 ...more  
Comment by bryancj on Jul 16, 2008 8:34am
MORIS1 Product Q2  2008 Q1  2008 Ore production (tonnes) 205,393 181,671 Average head grade ...more  
Comment by TENSNE1 on Jul 17, 2008 12:06am
I find it very difficult to believe that EXM would ever be trading at these levels.  Personally I've been reluctant to pull the trigger but I can't see too much downside here.  I'm sure Moris will generate some cash flow (where very few juniors generate any cash flow) but of course much more cash flow will be needed to move other projects forward.With gold possibly heading ...more  
Comment by BlueTdiWagon on Jul 17, 2008 12:55pm
Personally I've taken my bank short profits and have been accumulating beat up junior producers.  EXM has been near or at the top of the list due to the depressed SP.   I've managed to buy 44K or EXM over the past two days and I'm quite comfortable that there's minimal downside from here.  I personally wouldn't be surprised to see gold fly through $1000/oz ...more  
Comment by Wolffy45 on Jul 17, 2008 9:01pm
from the Exmin news release I recieved..."EXMIN Resources Inc. owns a 30%interest in the Moris mine."Hate to pee on your parade but lets face facts. Time for Karl to get to work me thinks.Regards,Wolffy
Comment by lire1 on Jul 29, 2008 8:05am
This post has been removed in accordance with Community Policy
Comment by oilgaslaw on Jul 29, 2008 2:52pm
I agree that EXMIN has not been one of my better investments, yet.... but I am still adding to my position at these levels..... in my opinion, this is the time to buy not sell.   I bought Bema Gold shares several years ago when it was beat up, around 30 cents/share and sold at $11.00/Share or so, 6 years later.As for hunting for other companies take a look at MBV Mill Bay ...more  
Comment by fleisch52 on Jul 30, 2008 7:10am
now is NOT THE TIME TO SELL, IT IS THE TIME TO BUY.look at the indices, the ratio between the gold price and the HUI AND THE SEASONAL moves in the gold price and the gold shares.Load uo now - TRX, SAm, AUN, NIS, and Exmin of course. I doubt you'll regret it. Oh and ECU too.
Comment by revelation182 on Jul 30, 2008 4:43pm
 IMO .. An experienced miner joins the board  with the ability to see through 2,000 ' of   rock.............................or John Felderhoff EXMIN has the largest land portfolio of any junior foreign exploration company in Mexico, covering 22 separate projects totalling more than 2,000 square miles, principally in the Sierra Madre Occidental Mineral Belt of ...more  
Comment by SallySunshine on Aug 02, 2008 11:45am
I agree that EXMIN has not been one of my better investments, yet.... but I am still adding to my position at these levels..... in my opinion, this is the time to buy not sell. I agree with this. EXM is cheap right now and given some time should do very well.
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