EXS 0.00% 26.0¢ exco resources limited

11.29% cu and 0.79 g/t au , page-66

  1. 2,746 Posts.
    It could be a GREAT company superox. Certainly they have tenements in the best addresses close to road & infrastructure & some 3,000k2 (as opposed to CDU's 12k2 - but look what CDU has done with that!), bags of cash & a possible business model to add value & spin off assets for S/H cap return. Theoretically we should get a return of & a return on capital which is unusual for a smallish cap junior.

    It also has a great funding relationship with Barclays from the White Dam project & also with the top tier global copper players.

    We shall see what happens next - like a Mt Colin upgrade & spin off, potential acquisitions & of course the Companys upcoming Target statement due in less than 4 weeks.

    GL is in Clonkers this week.

    Cheers M.
 
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