ext v bmn, page-7

I held ext for since december 2006 and bmn. I made no money on ext having bought in at an average of 9.6cents, or 96 cents post share consolidation until the past three odd months. I have included my initial ext purchases at the bottom. I have bought more over the years.

I sold my ext over the past couple of weeks for the following reasons;

Market cap: Bmn 110 mill vs EXT 689 Mill (Over 6 times, which to me is crazy. Which is one of the reasons when the shoe was on the other foot I bought more EXT)
Time Line: Bmn is closer to production than Ext.
Profit: I know in 2 years I will have trebled my money again with BMN, with EXT I am not so sure. (The way its moving though it could only be a couple of months off. LOL)

EXT has a load of potential to me, but in terms of risk/reward scenario BMN is a mile in front. Another way to look at is that PDN has a market cap of $2,082 mill, if ext was to treble again it would have the same market cap as PDN.


23/01/07 C23246979 B 100000 EXT @ 0.090000 9,029.95 -2,916.98
22/12/06 C22856771 B 210000 EXT @ 0.095000 20,011.84 19,361.74
20/12/06 C22828945 B 40000 EXT @ 0.110000 4,429.95 -650.10