asleep, page-7

I had considered taking another position here at 1.2c with exactly that idea - ie making a quick buck if it bounces to 1.5-1.6c

But my concern is two fold:

every man and has dog that trade in and out of EXM may do the same thing, and any bounce willl be not very high and not very long lived as those who have taken a position exit for a qucik .1 or .2 cent gain.

what if the next announcement is not positive? realisitically even an acccident like drill rig breakdown or assay lab burning down is not gonna wear well with punters. What if its more serious? What if they announce a capital raising to pay for more stuff? What if drill results aren't as expected? (this is a pretty negative view, I must admit)

To me, the only benefit at the moment with exm would be the small price jumps. And to make anything decent you have to have a fair bit on the line (ie 10% profit on a small gamble is not much).

Not willing to risk anything larger than a small amount, vis-a-vis, not worth it.

Just thoughts and my opinion only!

Could be proven wrong, holders will let me know about it if I am!

Good luck to the faithful

AtM
(former believer, now exm-agnostic)