RE: NewsGreat news yesterday!!!! I can’t wait to the resource/reserve estimate in April. At this point I would say that management has removed a fair bit of the speculation out of EXN with excellent assays. I agree with you Tinmann that EXN has added about 1 year worth of reserves. (Conservatively).
I must respectfully disagree with a post Charles99 made on the ECU board…….
I own a bit more of ECU and have always seen it as the superior of the two, but EXN seems to be into something big.
I believe EXN to the better of the two as I believe they have a MUCH larger orebody. Don’t get me wrong, I like both plays but if I did not have a position in either play and I had decided to take one either EXN or ECU, EXN would win hands down. It has a greater upside potential and you simply get better leverage from a 61 cent stock and you would from an 84 cent stock.
I don’t see what would stop anyone from hitting the buy button at this point as the stock is still relatively cheap!!!!!
Good luck.
SMF069