what are expectations for next announcement ?, page-10

Hi Ash and all.

I had banked on all of those results that were planned to be completed in the 3rd Quarter being available Ash.

Considering that EXMO will stop trading appoximately at mid-Dec, I was not prepared to risk anymore of what little time value was left.....and hence opted out at the start of Oct 20's.

Yes, IF EXM are able to deliver very good, thorough and unambiguous results on all that you mentioned by mid-November (the emphasis on thorough, unambiguous and mid-Nov), then yes, I could see a move to around 3c.

However, I feel, the Reserve Etimate Updgrade at Juno will not come until early Dec at best (my best guess based on continuing drilling at Juno) and while the tails sampling program will warrant more work (good news but nothing substantive a yet), I can only really see psotive news coming from a greater understanding and delineation of the 'shallows' thru the delivery of what we all are expecting to be bonanza assay results from the drilling campaigns.

So, to be blunt, I fear that it will not so much be what is announced, it will be what is not announced and (yet again - sorry but true peoples) delayed again.

I hope I am incorrect and EXM soars into the stratosphere and EXMO holders make 1000-2000-3000% in a matter of weeks....and those who called me a punter/gambler whilst I was accumulating/waiting for 5-6 months and then called me mad/silly/stupid for selling them 2 weeksago make a fortune!!

Intereting to note though, that while I did lose 30% getting rid of my 18 million......since the last of my lots went thru....the total amount traded at 0.002c has been about 700,000......and not thrulack of people wanting to sell.

Again, hope you all make a fortune...short/medium or long term.....but with what I am expecting to be a solid announcment that fails to deliver on the 3rd Quarter plan that Ash had outlined in the previous post, I do not believe a close above or at 3c is on the cards for EXM anytime before Xmas. Makes sense, because if I did I would still be holding at least some EXMO.

Cheers.

K