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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 gabrielgray on May 29, 2007 12:34pm

Exmin is insane...

...insanely oversold, I mean to say. I couldn't resist adding a couple thousand this morning. Even if gold and silver dink around and consolidate for months longer, the long-term downside is minimal to non-existent in my opinion. Swapping paper for silver and gold in the ground looks fairly safe to me. Of course, I've been wrong before. But I don't think this bargain-basement sale on EXM can last much longer. Get it while it's there.
Comment by luv2makemoney on May 29, 2007 1:20pm
must be the old "sell in May" thing here....story keeps getting better and the price keeps falling......
Comment by rainbow1010 on May 29, 2007 7:08pm
Well yes this downward movement is insane but I want it to drop more......lol. I too think we should be bottomed, but with no real reason for it to go down this far who knows how far it will go. I want 0.40-0.45, just to back up the truck again, if it drops further than that I will continue to help some unlucky soul part with thier shares. There is only 2-3 months to go before the sector shoud ...more  
Comment by r2j316 on May 29, 2007 7:23pm
This sell off is not only EXM but all of the junior mining sector as a whole. Cash is in the sidelines with investors waiting to see the bottom before buying. Too many people were hurt during last year's summer sell off. There is virtually no bid support right now which is causing investors to panic. Hopefully we get some more positive news but in the mean time I am patiently waiting ...more  
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