Now that the PRELIMINARY drill results are public it is somewhat refreshing to see the "jerk" postings dry up..... you know, the ones that expect initial results to be spectacular.... the ones from authors who attempt to fool the forum by declaring their intention to stay in for the long term... when their express intention is to exit at the slightest sign of strength, Whom do they think they are fooling, besides themselves?
The reality is:
1. There has been a capital faising that was oversubscribed by approximately 300 percent. This suggests there exists a large body of thought by people who traditionally don't part with money too easily.
2. These funds now place EXM in a position of strength.
3. EXM has outlined significant cross sections of gold.
4. Drilling will continue progressively towards delineating a resource.
5. Don't expect results to be forthcoming every couple of days.... it takes longer than that to ascertain meaningful data.
6. EXM is drilling ground that previously unearthed squillions at a time when the gold price was pitifully low and when detection and extraction methods were inferior to today's technology.
7.EXM's aim is to mop up this valuable residual.
8. If anyone wants to trade EXM from this point forward.... do so at your own peril, as you run the risk of being left behind , in your endeavour to pick up pennies along the way.
9. Anyone who thinks there posting can possibly affect the nearterm share price , think again.... there somewhere near 1,300,000,ooo shares on issue and your pitiful 50,000 won't accomplish anything.
10. The EXM story is a good one... be patient... you will more than likely be well rewarded in the long term.
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Price($) | Vol. | No. |
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