RE: Big volume today...over 500K shares...Totally agree bigbeach, this is quite undervalued at current prices...and despite the prospect of more warrants coming to market, we may have already seen the bottom for EXM.
Watch for a nice push upwards in early March into the 30's and possibly even 40 cent range...40 cents is the current value I assign to their producing asset (Moris) and also coincides with the price per share that Hochschild payed for the last round of financing, thus my minimum short-term target.
Also, even though the warrants represent a drag on the share price in the near term, their complete exercise would put almost $1 Million into Exmin's treasury; a positive development for funding this year's drilling program.
Best of luck to you and all the longs