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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by bigbeach2010on Feb 01, 2008 8:42am
422 Views
Post# 14302178

contrarian.........

contrarian.........Just posing a few questions about exm, how / why does the market have things wrong about this company.  From our record high of $0.88 gold has gained 40-50% and silver ~30%, we have lost 60-70% of our value.  Within this time frame we have gone from pure exploration to the explorer / producer category, granted we have only started producing at capacity in  the last  2-3 months.  I have seen nothing from the company to justify why we are at these levels, yes the market as a whole has taken a kicking over the last 8-9 months, but you will have a hard time finding a company  that has been hit as hard as exm without a reason.  Within this $0.25 I feel we can not go any lower and in theory should be a screaming buy (IMO) with no downside.  Comments?
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