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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 > Interesting................
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Post by thebluenote on Jul 25, 2008 2:34pm

Interesting................

RBC took out the ask of 40K at $0.105 a few minutes ago!  I've been trading EXM back & forth quite a bit to get my average SP to about $0.087!  EXM is now my 3rd biggest position in terms of total shares!  (PAN & NGM are the largest but I'm not recommending them)!

Far less uncertainty with EXM being a 30K oz/yr Au producer & throw in, I believe, under 50K oz/yr Ag and this $0.105 SP looks mighty attractive!  Hothschild being a 70% partner is icing on the cake!  For the life of me I can't believe how ugly the junior PM's sunk! 

I would think that downside from here will be minimal & cash should begin to trickle in soon!

All the best,

The Bluenote
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