EXC
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0.00% 4.3¢ exterra resources limited

I definitely expect an acquisition/option to purchase interest...

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  1. ArgusAlgo
    550 Posts.
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    22/04/16
    11:25
    Post #: 17577388
    I definitely expect an acquisition/option to purchase interest here...
    When your as de-risked as EXC is currently why wouldn't you??
    Easiest and best way to add value in a positive sentiment market.

    I'm sure they would not have overlooked raising more for drilling/exploration if they needed it

    Given the run its had it will be at a bit of a discount but I really don't think that will mean squat...
    At sub 10 mil MC this was undervalued and now more value about to be added... so I'll take a discount raise on the chin and watch her rerate afterwards to where she should be.
    Last edited by ArgusAlgo: 22/04/16
    EXC Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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