I had a look at your posts and the charts and yes they look very simmilar.
But we have to keep in mind that we are dealing here with that next to both companies where announcing a large dividend to shareholders, they do not have much else in common.
EXS has a producing goldmine delivering profits before tax of close to $1 Million per week.
EXS has around $30 Million of royalies coming towards them over a 4 year period.
Last but not least EXS has extremely encouraging copper and gold resources that needs follow up drilling to extend these resources.
JRL does not have these luxuries and therefor EXS needs to be re-rated or become a sitting duck for anyone who want to get hold of that Cash for a small price.
You can just imagine what a deal a predator gets at these prices of 62 cts Cash backing.
The get hold of all that Cash
And at todays price of 66 cts they also get for an extra $14Million:
* a producing highly profitable gold mine
* $30 Million royalties over a 4 year period
* 2400Km2 of highly prospective tenements that IVA or Xtrata would LOVE to have.
How ever way you want to look at this,
I come to the same conclusion,
THIS COMPANY IS A BARGAIN AT THESE PRICES AND A SITTING DUCK.
good luck guys
Very interesting times ahead indeed
jojo
EXS Price at posting:
67.0¢ Sentiment: LT Buy Disclosure: Held
