EXS exco resources limited

chart, page-13

  1. 155 Posts.
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    Sadly, after also holding these shares for many years I have to agree with you - they are going nowhere.

    The issue is sedentary, rent seeking, management. Drill a few holes – make a few announcements – beg a little money - collect your fees – hope someone else will come along and do your work for you. That ain’t project management!

    There is no real plan and certainly no energy from an outfit that has been sitting on a substantial resource for a very long time – including during the boom times when no advantage was taken of the favourable situation for bringing projects to fruition - nothing happened.

    Sad but a reality – even Fat Prophets gave up on them, and they tend to stick to losers until the death.
 
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