GREY:XEPRF - Post by User
Comment by
rotten2coreon Jan 29, 2008 1:12pm
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Post# 14282072
RE: EXT''''s MONSTER intercepts
RE: EXT''''s MONSTER interceptsYou're right Niteshift, the volume traded is poor right now. This is because there were no additional shares issued on the TSX. Any shares on the TSX have been purchased on the Austalian exchange and transferred over to the TSX. The ASK has been quite high on this one as compared to the ASX. I think Haywoods is in charge of the transfer and they dont seem too willing to let them go cheap. I think they are waiting for Extract's initial resource statment to come out to open some North American eyes before letting them go. This should be happening sometime very soon but will be delayed slightly because they want to incorporate their recent outstanding findings. One to keep an eye on anyways, but I wouldnt wait too long. Side note - Former Kinross bossman, Bob Buchan sits on EXT's board. hmmmmmmmm