EXG 0.00% 3.5¢ excelsior gold limited

Ann: Underwritten Rights Issue & New Placement Raises $6.8M-EXG.AX, page-38

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  1. 195 Posts.
    Well yes managements claims that the share price is low because of board upheaval is bogus. The price hit a low of 4.5 cents back in June, so one could argue that board upheaval has actually stabilised the share price.

    Fair call to the board member of EXG/ Bakers Creek your not the worst performing gold stock and indeed some have gone under, but your pretty damn close! I can only think of Kingsgate Consolidated that has done worse, but I can't think of too many other examples.
 
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