EXS 0.00% 26.0¢ exco resources limited

new company high, page-24

  1. 1,583 Posts.
    Better for them if the VWAP is kept down.

    I think this botting going on is from players trying to take a position afetr last friday's presentation.

    Not BIG money but medium sized players. The BIG money comes in as X trades if need be. This looks to be folks with a sizeable amount of cash who want to buy in a certain price band so their brokers shake loose a few shares in that range.

    It has had a good run of late but still way undervalued if you compare our copper resource to the "other resource" down the road and see what that is worth. Crazy really as ours has better grades for a similar sized deposit.

    Just musings on my behalf to pass the time till the next leg up. Goodl luck all.
 
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