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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by mattbighamon May 29, 2007 8:45pm
502 Views
Post# 12860459

I hear ya Huesos

I hear ya HuesosI remember trying to evaluate silver juniors in the summer doldrums of last year. I had a gut for Exmin and advised my mates to get into it but I did not as I had no extra cash at the time. I read all the info I could from advisors and followed the posts and downloaded the maps of Exmin's massive land positions,encouraged by Exmin's pedigree partnerships and their early positioning in the Madres. My mates did well this year and as any holder of Exmin in the 20-30 cent range will attest to,they are very satisfied in their silver share choice. I vowed if Exmin ever took a hit I would sell other promising plays to get a position and I have-starting at levels above here based on the charts. We seem to have fallen out of a descending wedge today in one formation variable but as we know the chart is seriously overdone: MACD triple bottom ? CCI rising with a lower share price. RSI rising with a lower SP-both bullish divergences. Acc/Dist rising with positive CMF. The slow stochs achieved a bottom today not seen since last June. A one year PPO calculator I use has also made an important cycle bottoming. So,I know that in a year from now I would be kicking myself for not owning this share although further SP deterioration may occur. I am calculating from all the technicals that Exmin has bottomed and I will be adding to my position every day that I can.
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