perspective

You day traders (me occasionally but not with EXT) have your own agenda and a totally different rationale to longer termers but re all the angst about SP softening, it seems as simple as this. The market (the ultimate arbiter of SP) has determined that EXT right here, right now, is worth average $9.00-$10.

This is a business that right now consists of a ship load of holes in the ground that all glow green at night, and the extreme liklihood that they will continue until they disappear over the horizon! Now consider that each drill result more or less establishes a new base up to $1 better than previous. Then consider that OVER 60% of the stock is locked out of the market, then you have a highly weighted probability that massive growth to both resource and SP is imminent. The SP is holding at the 9-10 range purely on the basis of expectations, and basic in-ground valuations... Two of the best SP prime movers a resource stock can have.

3.8 odd million shares got dumped over the last few days for a variety of reasons and yet today, last look it was up 21c. That is not the profile of a stock whose star is waning. Sometimes we (me included) can get to close too the episode to see the whole story. IMO