major shareholders visiting tennant creek, page-30

Sirius15
with respect i disagree, 3 months ago the sp was 2-3c after being SMASHED by the August sub-prime wobbles (as was most of the spec market), the whole sector was oversold as daytraders pulled out and investors pulled their money also and lets not forget margincalls, general panic.
previous to that it has been some time since EXM traded anywhere near 2c. I would suggest that the last time the stock traded anywhere near 2c prior to august was well b4 its true potential had been realised and given the valuations of current assets that i previously stated (that we seem 2 agree are in the ballpark) was as such undervalued, imo.
having recently traded as high as 4.9c (i think thats right) i would consider those levels to represent the anticipation of results manifesting in the sp

for me atm anything between here and 4.5c seems fair considering the proximity of 1st results, the advanced status of the drilling program and the potential of the ground that they are drilling.+ other projects

when 1st results are released obviously price action will reflect quality of assays but the X FACTOR will be where the daytraders take it !

like you i am happy to see a steady as she goes approach as results are released progressively, although i am sure we will see some volatility on the way. lol

todays volume and price action was no major spike, just a 'love tap' compared to days when 220 million have traded.

anyway the quality of chat and cooperation on this thread is far higher than many others on hc, good to see the mods sniffing around imo taking out the trash, lol

regards

BOOMTRADER