Post by
mrmrre on Feb 20, 2007 5:29pm
Warrants, Street Claims and new report.
The April warrants do not expire, but are re-priced in April at $.75 until 2010. They are all held by management and will not be exercised, in all proabability.
The Street Claims came with a 43-101 compliant project. It is a Platinum Group prospect. EXM will use this to find another JV Partner, probably a shell or start-up. The 43-101 project will allow a shell company to get TSE-V listing and raise equity capital. They will probably do a deal involving the Street claims and one of the Mexican projects with most of the upfront dollars being directed to Mexico.
For those that missed it, check out this report.
https://biz.yahoo.com/seekingalpha/070220/27435_id.html?.v=1
Comment by
r2j316 on Feb 20, 2007 7:07pm
Nice find on that report, thanks for sharing
Excellent write up on EXM
RJ
Comment by
arcticfox on Feb 20, 2007 7:24pm
This post has been removed in accordance with Community Policy
Comment by
arcticfox on Feb 20, 2007 7:38pm
This post has been removed in accordance with Community Policy
Comment by
RainRyder on Feb 21, 2007 12:02am
Great Find mrmrre, Thanx for taking the time to post it
Ryder
Comment by
daytrader3 on Feb 21, 2007 9:00am
Great post mrmrre,thanks for shareing that with us.If anyone hasn't got a position in exm, now is the time at this level.IMO Karl will bring out a flurry of NR going into the PDAC in TO.Expect a jump in exm before that.Good luck to all us Longs