RE: What''''s a property worth?Hi Mr M!
I think the values of the moly are of little consequence because its just sampling data, but the widespread distribution of moly in that porphyry is of interest. CBI is a cheap little junior that does a poor job selling itself but I think this is one case where the properties will ultimately carry the stock despite some rather inept promotion.
As for EXM, and buying right now, all I will say is that the company is very much the real deal IMO, and I have been an aggressive buyer of the juniors every year at this point of seasonal weakness, and always made money on the longer term strategy. Why investors refuse to see this and instead choose to sell into weakness is beyond be, and I happen to think this year after the usual pinheads are done getting hosed on their paper, that we will have a fairly sharp turnaround and a surprise spring rally. The sentiment has been so weak for so many months, and you just dont get severe corrections into periods of prolonged weak sentiment. This is a manufactured shakeout, with the tailwind of seasonal selling pushing us lower, When it passes, then look out above.
Thats just my opinion, and people will have to decide for themselves if the low share prices now are an opportunity, or if we will be sitting on dead money for a few months. Either way, I have never sold a share of this company and have done very well by accumulating on weakness all the way up.
cheers!
COACH247