sp potential, page-4

I would think that you would be close to the mark Simob. I'm counting on EXM to be a multi-bagger in due course. Market sentiment of course will be a big determining factor in a spec company before there is any production, so in-ground value may not be reflected in the sp.

Right now we are not fairly valued for the 530,000 oz resource, but I am counting on that all to change and the market sentiment to swing back in favour of gold juniors. This could well coincide with EXM putting out an upgrade on it gold resource, which could lead to a massive swing into these companies, in which case the sp may well shoot much higher than expected. A "bonanza" share price rating so to speak, kind of like what is happening now in iron ore explorers that even mention a conceptual target.

Right now I wouldn't want to put any number to it, all that really counts is that EXM continue to drill and find those high grade pods of mineralization.