OTCPK:EXSFF - Post by User
Comment by
groovin123on Aug 03, 2008 1:26am
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Post# 15355040
It's hot up here.
It's hot up here.Greetings from the ever-sunny-and-hot city of Kelowna, BC.
Have you ever thought that perhaps MJ included the warrants into his 2 MIL share figure, or that perhaps he has family accounts he has spead around shares into? MJ is not MCAP, yeesh. I told you I saw him at 7-11 last week with Elvis buying taquitos anyway...
I am pretty sick of hearing about MJ this and MJ that. EXS has a market, and the market will now price it accordingly as news develops. Big players do not give two $hits about garbage-post soap opera drama.
I am not debating whether or not MCAP offed over 3 MIL shares at the first sight of a profit, they did plain and simple, and are now holding their warrants completely free of any risk. And really, that is no different than offing half your position on a double and riding the free shares, is it? If I wasn't so greedy, perhaps I would have followed that strategy and no longer even feel the need to type on here. But all that does not mean $hit in the end, the drill-bit does.
Remeber all those TIMMINCO insiders that offed millions of paper at .30 cents? Whoops! They missed out on a hundred-bagger in pursuit of a few pennies... so, phak the funds they don't give two $hits about the company and unfortunately that is just a part of financing exploration plays.
Just thank God Cannacord wasn't the main brokerage behind this deal...
I had the pleasure of sipping on a few adult beverages with BFREE on a busy pub patio this aftenoon, and am now nursing some sunburns.... thanks again for the beers, by the way - hopefully we don't keep you up all night with our antics down the street, LOL.