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Bullboard - Stock Discussion Forum First Asset Morningstar Emerging Markets Composite T.EXM.A

TSX:EXM.A - Post Discussion

First Asset Morningstar Emerging Markets Composite > Hugely Undervalued Right Now!
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Post by GoLongShorty on Nov 03, 2006 2:06pm

Hugely Undervalued Right Now!

That is why I am not hesitating, Drill results are forthcoming, properties are excellent, mgmt has a great reputation for closing the deals with other respected companies, EXMIN holds by far the most land position and has the best properties in my opion, I see a great big upside from this level, especially considering the XAU and Hui indexes have been on a tear lately, these indexes are baskets of gold mining stocks, when these indexes start moving to the upside they are telegraphing what is in the immediate future. Which is huge new highs for Mining valuations, just look at Gold, Silver, Pd, zinc shortfall, supply and deemand wise, china expanding at 12-16% Asia at 10-12%, USA slowdown is not going to affect Asia and China demand. glta, I am buying, and have bought, no brainer as they say.
Comment by coach247 on Nov 03, 2006 3:06pm
I added a few mores shares at 31.5 cents today, just for a rainy day. cheers! COACH247
Comment by StocksMiner on Nov 04, 2006 1:29pm
So did I, could not resist, feel real good about this play and the area fundamentals. mgmt, is trusted in the industry and has brokered some rather significant deals with other miners that are rather impressive, the historical info on minerals associated to their properties, is extremely impressive, and their are some very knowlegdeable posters on this board also. cheers.
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