WHAT do they do all day? New CEO needed
The prior poster who is mischievous..( I KIND OF LIKE HIM HE IS A CYNICAL OLD BIRD LIKE MYSELF).. also has a point.
If management picks up any more property they should be fired.
That's right. They have enough acreage for 10-15 years. How many of you are invested with a 10 year time frame? neither am I.
Before anyone gets the wrong Idea i have held 100-220,000 shares since feb 2006. I have profiTS STILL bought at .17 and ABOVE THIS IS NOT SOUR GRAPES.
They did a good job in the early years but now are at the mercy of the different partners. I bought when I saw Hochschild and Penoles were IN. These are greast partners, but every jv partner since then has a jv with Exmin...AND... 4-5 years to fulfill their TOTAL responibilities (MINIMAL ANNUAL REQUIREMENTS) and each JV partner has ,3,4,5 6 other jv's with other companies
THAT MIGHT VERY WELL BE MORE IMPORTANT TO THEM AS THE EXM jV AND THEY ALL HAVE PROPERTIES WHICH THEY OWN 100% AND OF COURSE ARE MORE IMPORTANT TO THEMSELVES THAN ANY JV WHICH BY DEFINITION THEY SHARE. These Jv partners all have drills and money.
EXMIN had ONE that is `one' drill and gave it to Hochschild to use on the JV.
Exmin has a little money and MAYBE more if the stock moves up enough to put warrants `in the money"
WE need drills and money. We need to be drilling 100% owned properties. WE do not need more property. IN FACT
I have sent these opinions to KARL and also suggested that they sell some properties and buy a drill or two and get to work.
WE are WAITING and WAITING and waiting for JV pasrtners to pay attention to whatever JV it is they have with EXMIN. I have not seen Penoles moving aggressively. another $100,000 committed big deal... i HAVE AN EXTRA $100,000. THAT MONEY IS POCKET CHANGE TO PENOLES.....THEY ARE PROBABLY WAITING FOR EXMIN TO RUN OUT OF MONEY
IT COULD HAPPEN IN SPITE OF THE JV WITH HOCHSCHILD.
If it wasn't for the Hochschild production I would have sold last year.
DOES ANYONE AGREE ?????????????????
SELL PROPERTIES GET DRILLS AND LETS GO FOR IT .....THIS BULL market for precious metals is not going to last another 8-12 years NOW is the time to drill
CALL THE COMPANY TELL THEM after a great exciting START TO Exmin WHERE THEY WORKED HARD......... THEY ARE NOW GETTING SLOW AND LAZY. THEY HAVE GOTTEN LAZY.
There are about 2500 junior mining companies and after waiting for the juniors to move and waiting and waiting I want my money in energetic aggressive companies.
These guys are ASLEEP.... they are not bad people like some mining outfits but they should probably be replaced we need more experienced aggressive management. Say something to management Speak up. unless your happy.
best wishes
Soccer