Been a good thread and the other one on EXM.My stance on the EXM...

Been a good thread and the other one on EXM.

My stance on the EXM situation is simply it hit my radar this week due to the volume spike which a lot of traders watch for. Seems to be getting in the top 20 volume for the last 3 days which is interesting.

Fisho is right also about the extended talk on it but its good to debate it out. I like their prokect...and yes they probably need to sell out to some big player or JV with a big player to produce but its open pit, lot less expensive.

I notice DOW is down tonight and Gold up again we may see another volume spike on EXM. Not in yet...but I like these specs that can easily jump from 1.5 to 3 or 4 when they are in gold, gold is moving, volume is spiking and we have start to see EXM break out a little.

We have all seen many P&D's in ouor time but EXM has hardly pumped yet and with the 3 day aveage of $200K a day traded, hardly looks to be pumping or dumping yet.

There could be something coming, could be simple accumulation...but I am with Hoges.....there is something here maybe and I too now am interested to take a position today and see what unfolds.

There isn't a heap happening on the market at the moment, but gold specs with a good despoit, preferably open pit might be the ones to have a good run....thought FML would be doing but the focus seems to be building on EXM with its volume spikes.

Anyway...good luck all...good discussion.