RE: price projections over 18 months-SharewizardHey Sharewizard,
As per the eresearch report, if Exmin did nothing except drill Reyna and worked on getting production started they have a price target of 90 cents.
Any other positive news will make this junior fly. Some positive news that could occur in 07
-Higher grades or a higher resource estimate versus historical data on the Morris Mine
-Horschild starts drilling on the Morris Project and makes a significant discovery.
-Although it is not likely on the first round of drilling, Penoles intersects high grades
-More High grades or a discovery at Reyna
-The Urique project with Yale makes some sort of discovery
-Other Joint Ventures on our other properties
-Other analysts start to cover Exmin
Lots of things on the go in 07. Hoping for the best. I personally think we are following the path of ECU. We will have our hiccups along the way as Warrants are excericsed but this was the same thing that ECU went through.
GLTA