EXS 0.00% 26.0¢ exco resources limited

re: Ann: Turpentine Resource - 181% Increase... Thats correct.I...

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  1. 1,294 Posts.
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    re: Ann: Turpentine Resource - 181% Increase... Thats correct.

    I rather be at 14c with no take over.

    We dont need a base of 19c.

    If we were 14c with the last 2 reports we would of been past 20c.

    Think of all the outstanding results to come?? and think about the copper price at the moment? Its looking much healthier. Look at copper stock piles???at record lows.

    We cannot benefit from all the above with a t/o of 19c.

    Long term, yes we will if the t/o doesnt go through but short term, no reward.

    And yes another bid or a higher bid from SOL is another story again.

    The market and 14c holds no fear for me. Fundamentals of this great company come before the share price. The share price will look after itself.

    When the t/o is fallen through how will market conditions be?? Now is a good time to execute.

    imo
 
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