OTCPK:EXSFF - Post by User
Comment by
MAKEITBACKon Jul 31, 2011 4:19pm
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Post# 18891585
RE: RE: RE: RE: RE: RE: RE: RE: $100 movements
RE: RE: RE: RE: RE: RE: RE: RE: $100 movementsJuniors are highly speculative. They have a number of components. 43-101 resources are one component. In some ways they are like real estate---location, location, location. It is possible for a company that has not yet issued a 43-101 to have a healthy market cap just based on location and management. The HMC model in this case is another contributor. It is all a gamble, and people tend to allocate only a small amount of their resources to these spec plays. Specboy, I would like to think that your motives are altruistic and you are simply warning investors. I have done it myself in the past when I saw things that did not add up with other stocks. I issued my warning to all and got out, but only once. I did not keep going back and beating up on the stock.