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

TSX:EXM.A - Post Discussion

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Post by daytrader3 on Dec 11, 2006 1:35pm

longer the halt

I see what you mean by the longer the halt sam, the more excitement & frenzy it causes.My phone is ringing off the hook from the people that I told them about exm.Man news travels fast.Don't suppose they might also release some drilling results on some of are other holdings we have.Karl is Karl you know.Good luck to all us longs
Comment by OilSandSam on Dec 11, 2006 1:39pm
I'll stick to my opinion that we will see some drill results, of the Moris J/V, to justify the mine acquisition. If not with the mine deal N.R., very soon after. See ya Day, Sam.
Comment by r2j316 on Dec 11, 2006 1:43pm
Just to add to my 2 cents. I don't think we will see the NR till after the close of trade which is fine by me. The only reason why is because it is also a positive NR for our friends Horshild trading in London later today
Comment by daytrader3 on Dec 11, 2006 1:48pm
Good point
Comment by LuvMyGold on Dec 11, 2006 2:27pm
While news on the Moris j/v seems to be the favourite guess so far today, I wonder if it might be news on a financing? While we have some cash and potential from the exercise of options/warrants, it seems like we will be needing more given our apparent aggressive strategy. If it is a PP, I'd guess that it would be in the 45-55 cent range for the placees along with the usual 'kicker' ...more  
Comment by r2j316 on Dec 11, 2006 2:29pm
I disagree with the financing only because it would not be reasonable to halt trading for that. On a side note---I think we can get more than 55 cents for future financing !!
Comment by OilSandSam on Dec 11, 2006 2:35pm
That would make zero sense. With the news coming, and the cash we have on hand, it would be a better bet that any financing that MIGHT occur would be at least over a dollar. We have better management than that (what your thinking). 2.4 mil. coming from .60 cent warrants alone. My opinion, Sam.
Comment by Revelation18 on Dec 11, 2006 3:29pm
Over the years I have seen cases of JR MINERS halting for 2.5 days And the news being as significant as..Old Mother Hubbard went to the cupboard to fetch her poor dog a bone!! The STOCK MARKET IS A ""GAME""! Have a good day$$$$$!
Comment by daytrader3 on Dec 11, 2006 5:26pm
Come to think about it Horschild,had to be halted in london also.What great exposer this will be for exm over in europe.IMHOP
Comment by WithBothFeet on Dec 11, 2006 6:29pm
fwiw Someone referred to Hochschild trading in London... it did trade today (unchanged) and I'm not certain how late they trade there, but Exmin's halt would have been near the London close. I don't see any new news either.
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