As I said, who really knows, and those that do wont be telling me.............bummer.
I think the reality of it all for me is either way it matters not.
As Gero put up, a really brilliant comparison for EXT is ERA.
Dont know if you have looked but from the top of my head, smaller resource, but in Australia, similar amount of issued stock, price around $30.00 Australian (havent looked for a bit so dont slam me guys, it is off the top of my head.)
So sure, those that are not in for the take over will sit it out for production. This that makes me wonder, usually when a company only wants production they find a head orebody and start chasing that into production so as to cover costs. EXT are still continuing to explore bigger and better ground. At one stage, I think Peter said that his reason for that was to keep a good price tag on her.............depends if your glass is half full, I am trying to keep mine bubbling over, hard in these times.
As another poster alluded to, Salem is a very exciting prospect.
Off to earn another dollar, have a great day all
Harlee
EXT Price at posting:
$7.82 Sentiment: LT Buy Disclosure: Held
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