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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by OilSandSamon Oct 19, 2006 9:30pm
268 Views
Post# 11530313

RE: suppression

RE: suppressionIt's already been shown that if we take this horse out of the barn, it wants to run. Unfortunately, when it's been taken out of the barn, it has been loaded up with saddlebags of shares from warrants and put back in the barn. Thats okay, the weight is just going to build up stronger leg muscles for when it actually makes it out onto the track! As for your .28-.30 cent entry point, I agree. Anybody that wants a position should do their DD and I'm sure they will see this as very early in the game with a super risk to reward profile. With that being said, I also believe that the window of time to buy ay this price is getting smaller everyday. As far as estimates go..it really does depend on what kind of news comes out. Land acquistion/JV is one level. .20 cent warrants being fully exercised takes us even higher. Assay results from Penoles or Yale is another level. A plan to re-open Moris mine makes anybody buying here very handsomely rewarded. This is where the patience is required, we have more chances (from news) to go up than we have of going down. It is my opinion that alot of people got spoiled with quick daily returns from the first leg up in this bull and need to re-aquire patience. And thats all I have to say about that. See ya, Sam. P.S. you'll notice I didn't give out any numders for new base, All depends which news comes first.
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