OTCPK:EXSFF - Post by User
Comment by
groovin123on Feb 10, 2009 11:34am
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Post# 15766792
RE: history repeats
RE: history repeatsEhhhhh... she will climb back. .30 cents is like magnet, no doubt.
The chart went parabolic the last few days, fear stil rules the markets, and the "sell on news" mantra will never die.
Bottom line is I was extremely pleased with the last NR, that 142g/tonne intercept was spectacular and vindicates the "one hole wonder" stigma.
I think we are on to a very viable resource at Eastford, and gold is definitely the flavour de jour. However, this is very early stages, which leads it subject to alot of volatility, and it's going to take alot more drilling to make this a "mainstream" investment as a gold exploration company.
The sad part is, if this result was announced a couple of years ago, I have no doubt we'd see $1.50-$2.00 print. But, it is what it is.