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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by silvercoinon Aug 09, 2007 2:11am
311 Views
Post# 13219677

Exmin........Company & Currency Play

Exmin........Company & Currency PlayEXMIN RESOURCES can be considered a "double play". Let me explain. 1. EXMIN is "exploring" for GOLD and SILVER in "elephant country". What I mean by "elephant country"is this. 1) Sierra Madre Occidental, Mexico has been mined "historicaly"(Aztec & Spanish Eras). Much of the gold and silver bullion on Spains many "treasure fleets" came from this AREA. Also recent discoveries, (Minefinders Corp- "DOLORES" MINE: 1.9 m/ozs gold) and (Glamis Gold- "EL SAUZAL" MINE: 2.1 m/ozs gold) are in this REGION. What most "investors" DONT KNOW is that many Big Gold Producers (world-wide) would like to be a "player" in the "Sierra Madre", but EXMIN's "large land claim" portfolio has TAKEN most of the "best ground". Thats why M. HOCHSCHILD decided to form a "strategic alliance" with EXMIN. It was a "smart move" by M. HOCHSCHILD. 2. EXMIN RESOURCES is a "Canadian junior mining" company. The CANADAIN DOLLAR the "looney" is worth about 95 CENTS, US money. Its been "predicted" that the "looney" will get PARITY with the US DOLLAR, then exceed it. By some 20% or ONE CANADIAN DOLLAR would be equal to $1.20 US money. ......therefore an investor in EXMIN can expect both a "RISE" in the SHARE PRICE and "Currency" APPRECIATION...a double play.
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