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ExGen Resources Inc V.EXG

Alternate Symbol(s):  BXXRF

ExGen Resources Inc. is a Canadian junior resource company. The Company is engaged in the exploration of copper-gold mineral properties in Canada and the United States. Its United States properties include Boss Property and Empire Mine. Its Canadian properties include Gordon Lake Property and DOK Property. Its 100% owned Boss property consists of a lease agreement with a patented claim owner, as well as two unpatented mineral claims. It holds a 100% interest in the Empire Mine property. It also holds a 100% interest in the Gordon Lake gold property located in the Northwest Territories. The DOK property consists of 17 contiguous mineral claims covering approximately 18,500 acres. The DOK property is located approximately 40 kilometers north of the Galore Creek and the Shaft Creek porphyry copper deposits and south of the active exploration underway north of the Stikine River. The Gordon Lake gold project is located approximately 110 kilometers northeast of Yellowknife, NWT.


TSXV:EXG - Post by User

Bullboard Posts
Comment by Djanz21on Oct 19, 2006 8:58am
68 Views
Post# 11525341

RE: Overwhelming?

RE: Overwhelming?Target I asked you before but you didnt answer, who is feeding it? Insiders or a large shareholder? If its a large shareholder who cares, he will run out of stock. If its insiders, why would Mr. Stewart risk his reputation and his position with ALH-V ($1.80) where hes Director, CEO and President (and owns quite a few shares) or his Chairman spot at CUU-V (approx 50 cents) to grind a few cents out of a penny stock? Remember I was able to show that the insiders got their stock at 10cents and the options were priced higher. So thats only 2 cents. You do have a point that the stock is having a difficult time in the 12 cent range, but as I have been told by master chart readers, you cannot use TA on penny stocks that do not trade everyday, and when they trade the volume is low, as it does not produce enough information on the chart to be accurate.
Bullboard Posts

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