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

TSX:EXM.A - Post Discussion

Post by Ricky_C on Feb 15, 2008 12:45pm

Penoles

As per news release going forward with project. Likes what it sees!
Comment by daytrader3 on Feb 15, 2008 1:02pm
I agree.Penoles knows that we are on to something big.They wouldn't keep drilling for another yr.IMOP
Comment by mattbigham on Feb 15, 2008 1:36pm
Can you illustrate the economics of the combined drill holes to date? Penoles can afford to put in another 100k,Exmin is hitting distressed valuation levels and it buys both Penoles and Exmin another year to find something of economic value. In return Penoles receives a further 10% of the project. Legitimate concessions gained but nothing to note as of yet. Penoles is just keeping ...more  
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