chart starting to take shape for an uptrend, page-19

BB
Thanks for the response.

You are correct in saying that multiple directorships are fairly common practice and so i suppose we must accept that this is the way of the world.

On the HK placement, i cant argue, it was poorly handled.
management perhaps a little overzealous in getting good news to market.

On Magyar, I believe that the $250k spent will not see the Co unable to realise its Tennant Creek objectives and suspect that we have not seen the last of this issue, the resource is advanced and sizeable and its possible that exm could do well from this foray, time will tell. Your comment on the timing of this investment is fair enough but it is exactly that which leads me to think that there is more to it (strategically) than meets the eye.

More dilution is inevitable for EXM whether it be by way of a capital raising or J/V arrangement. If this dilution allows the company the opportunity to exploit its resource (which we both like very much) then it will be for a good cause and the rewards will far outway any s/t negatives IMO
With $3m in the bank at the time the expenditure of $250k was never going to make the difference between any future dilution or not IMO

Agree wholeheartedly that these are tough times but GOLD is the place to be, simply put if the Co is in the middle of scoping and feasability studies then there will be little to announce until these are complete. Personally i would rather a 'lean/bland' qtrly stating that studies are ongoing than having a heap of hot air and smoke blown up my ..... LOL

The fine details of the studies may be commercially sensitive but i expect upon completion that we will get a look at the broad conclusions of the studies that will very clearly indicate the future direction of EXM