how much gold?, page-27

Hi MJ.

Congratulations mate.

That would have to be one of the very best, more realstic and meaningful posts I have ever read on any EXM thread re: short term potential of EXM.

Big thimb up!!

People talk about EXM management wanting or ''busting their balls'''(my wording) to get EXMO into the money, but again, I believe they could not give a dam and have already promised the next round of -40% to market price raisings to their mates and more than likely more for themselves.

To me, options are collectivised "incentives" and "performance" options/instruments for a Co. and their structure and performance, SHOULD invigorate any Board to try their best to move the Co. forward to get options exercised and raise more capital thru having options exercised.

BUT, what most people forget is that any of that incentive to work for the EXMO's as a collective, was taken away when incentives and performances were "individualised". Therefore, anyone who thinks for 1 second that anyone at EXM is even dreaming of EXMO being in the money is dreaming themselves.

EXMO and any chance they had of being in the money were killed/extinguished by the constant "3rd Party" delays that have been experienced sinc June/July.

IF, these delays could have been at least minimised or managed well, maybe then progress at the TC project would have been on schedule (i.e results that are still coming would of been released at end of September) and things would have been different.

Gold can and will continue to soar.....EXM will release som high grade results.....the run to 2.5/2.7 will come and then so will the profit taking....and EXM might be lucky to find a new home in the 1.8->2.1 tradin range.......as compared to the current 1.3-1.7c.

This talk of 5-8c or 10-15c short term is nothing short of nonsense.

Cheers.

K