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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 > I stand corrected and am excited
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Post by mattbigham on May 27, 2007 2:07pm

I stand corrected and am excited

Sorry,that headline should have read cash flow positive but two years to break even. After midnight postings...... What I especially get excited about is the fact that this operation was previously a 3,000 tpd operation-which means EXMIN will benefit from a 30% percentage of maximum capacity (cashflow). This instantaneously propels it into a silver production company. Karl Boltz, President of EXMIN, stated,"EXMIN has the opportunity to advance several years in the exploration-mining cycle." {re:acquiring the Moris mine with Minera Hochschild}.Wednesday July 19,2006 The fact that they have now secured drills and are expanding/acquiring their potential ore availability in and around the Moris site is also encouraging for continued production well into the future. I would like to add it was LR,OilSandSam and the Coach's postings and knowledge that educated me into becoming an Exmin follower and shareholder. My thanks and good luck to all us longs!!!!
Comment by OilSandSam on May 27, 2007 5:12pm
Hey Matt, One of the most reassuring things for me is that we have a mining company (Hochschild) with 100 years experience putting our mine back into production. When you look at the acreage of the Moris mine and the Moris exploration property, it's not hard to see that Hochschild (and Exmin) will be here and growing for some time to come. I was reading an article in which Lawrence ...more  
Comment by daytrader3 on May 27, 2007 9:12pm
I agree Sam.
Comment by huesos on May 29, 2007 1:54pm
Matt, you get an A for effort anyway. You guys are doing yoeman work in explicating the situation. I can't help but wonder when Kaiser will be right about a year with no May sell off. It's looming out there.
Comment by mattbigham on May 29, 2007 8:45pm
I remember trying to evaluate silver juniors in the summer doldrums of last year. I had a gut for Exmin and advised my mates to get into it but I did not as I had no extra cash at the time. I read all the info I could from advisors and followed the posts and downloaded the maps of Exmin's massive land positions,encouraged by Exmin's pedigree partnerships and their early positioning ...more  
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