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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by lootfest1234on Dec 28, 2006 2:03am
302 Views
Post# 11926141

RE: price projections over 18 months

RE: price projections over 18 monthsSharewizard,I cannot personally se how anyone has access to enough information to give such a figure.You would need a realistic quide to reserves via old drill and reserve reports,new drill figures possibly,then to make assumption of worth,possibly based on similar mining exterprises. Remember-Exmin is essentially a huge series of land claims in excellent locations and JV.s needing drilling.In short,it is embrionic. I have worked on such a figure for two favoured stock but I cannot get near enough information for Exmin. You will of course want an explanation of methodology and figures used plus assumptions.Otherwise,you get nothing if you get a number.
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