EXS 0.00% 26.0¢ exco resources limited

ivanhoe statement, page-29

  1. 235 Posts.
    leroy, the gold is in South Aussie, and at last count was making 6 Mil a month and increasing.

    Exs had to give money back to shareholders otherwise would be sitting ducks for a cheap takeover with all that cash in the bank.

    I would think MA/Board would know the numbers of any vote within a few million or so.IMO.

    Trade4profit, You wrote,
    In effect, EXS could not be taken over by either party (IVA/Xstrata)...and given they were obviously having trouble raising the funds to develop, they had little choice but to take the best deal they could get from Xstrata.

    Stay tuned to the quarterly and see the cash coming in not to mention their credit rating with Barclays.Your way off the mark with this comment!

    Hermie......Happy with life! and 28 cents/share
 
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