Post by
OilSandSam on Feb 04, 2007 1:55pm
A little comparison
Just read a news release from another company in Mexico. They just spent 2.25 million on a 360 T/D processing facility, that included some equipment. Karl and Hochschilds got us a 3000 T/D plant, that included some equipment, for 6 million....and we got 7838 hectares with 3 known deposits included. So if you do the math, it would of cost them around 18.75 million to get the same T/D as we bought (not including the resources we got with the mill). Even if you include money for us upgrading our mill (additional cicuit), it still doesn't come close to the value we got in our deal.
That reaffirms just how good of a management team we have. My opinion, Sam.
Comment by
rainbow1010 on Feb 04, 2007 5:08pm
Very good comparison / analysis Sam, will be a great day when the 43-101 is complete, and of course when we are producing. I see that we are going to be at the Calgary conference on March 31 and April 1, I may have to go to meet the team, and of course take in some of the guest speakers.
Comment by
daytrader3 on Feb 04, 2007 5:12pm
Very well put Sam.We do have the best in this field with Karl & Dr. Gibson IMO also.With the strenth of or JV's,& more to come I'm sure with all are land holdings we have.Sam,management has brought this a long way in the little time that I've been involve with exm.I have all the confidence in them the way that we are heading,nice chart.Hope you are feeling better pal
Comment by
Revelation18 on Feb 05, 2007 12:50pm
On Jan 31/06 Exmin Resources was trading at 0.21!
After a year of staking claims etc
Exmin is trading at 0.72!
Keep up the good work..
Revelation!