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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by coach247on Nov 04, 2006 3:16am
229 Views
Post# 11616151

RE: parlger

RE: parlgerHi Guys! I bought some YLL today at 20 cents, so I think that pretty much sums up my opinion of that company. I have decided to play a basket of juniors in the area, weighted to EXM and GGI, but including MAG, WTM, DIB, and YLL. I am taking a long look at Tara Gold too. I spoke with Ian Foreman of YLL yesterday, and he told me he likes the Urique Project because it adjoins El Sauzel (GLG) on one end, and Monterde (KBR) on the other. So within a property amounting to about 290 square kms, you have a vein system mapped at surface for more than a kilometer along with numerous other surface occurrences, and multimillion ounce deposits already defined just outside the project. The bonus for EXM shareholders is that YLL will be spending up to $5 million to fund the exploration work, and we still own a carried interest for anything of significance that is discovered. Win-win... cheers! COACH247
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