RE: RE: bullion price rises, but !!Well to date no pull back. I think it would be foolish to purchase gold bullion at these high prices nevertheless. To the business at hand. What do you make of this new underwriter share transaction apart from the dilution?
Since the Extorre split up Exeter's chart has been all over the place. I got used to watching the chart put in new highs whenever I looked, but at the moment it's going through a rough patch maybe this transaction will steady the ship.
I just looked at the chart this evening and XRC put in some lows but not a new low. That would be cause for concern.
For those trading in and out the choppy water makes quick trading for profits a bit dicey. However the spring and summer months of activity in the southern hemesphere should put XRC's shares back on an upward trajectory once more.
My personal opinion only.
C