DSE 1.74% $3.51 dropsuite limited

exm on the move,plenty of upside, page-15

  1. 1,172 Posts.
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    Hi Puntman...
    Old habits die hard.... been away for a while and just browsing .... saw your post.
    Yes, it would be wonderful to wake up one day a millionaire.... we all dream of that, I'm sure.
    You might want to see just what is required to achieve that in this particular case.

    I moved on from EXM many moons ago. I transferred to a Company called PMI Gold... code PVM.... got in at 29 cents and rode it to $1.20 or thereabouts... traded it with my ears pinned back. A wonderful experience.
    PVM now has the following credentials:-

    1. Has completed its Definitive Feasibility Study, costing somewhere between $50 - 70 million.
    2. Has $26 million in the bank.
    3. Has a proven resource of circa 5,000,000 ounces gold.
    4. Targeting production in 2013.
    5. Has a share price of 84 cents.
    6. Has a Market Cap. of $64 million.

    If EXM's share price was to reach 10 cents, the Company would have a Market Cap. of $700 million.

    Just to put things into clearer perspective.

    All the best.
 
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