RE:RE:RE:EXN expects to report positive operating cash flow !Boy, you talk with their IR person and this bought deal was to satisfy shareholder concerns. Well, the shareholders have taken this from the $2 bought deal figure down to 1.69. Obviously, they did not chat with the majority as some seem to disapprove.
Perhaps the bought deal from July 2016 for $15M is ringing a "$crew the investor" bell.
The dog house that EXN has been placed in is getting larger. It's being furnished quite nicely so I guess EXN is there for awhile. The financials that will be released on Nov 2 is not getting any love so I guess the exploration and operational costs will be out of sight so the improved revenue picture will go unnoticed.
Perhaps you are right, 1.20 could be a good buy.