Good point JGPM.When the GFC hit exco fell to approx 6.5cents.The world was full of doom and gloom.The one thing companies like exco had trouble with back then like countless others was getting people/banks to invest and or lend money for projects.However,when you looked at the company, everything else remained unchanged.Great manag/team,strong focus,multiple options and a will to find a way.A good number of investors on this forum held on tight and had faith in the story.I'm sure JG and others would have added to his/her stocks even when the SKY was falling.Well done to them.Excos mang/team found away through one of the most difficult times in Australian/world economic history.Many didnt.How do you think they will go when times come good?Thats a no-brainer really.Track record counts for plenty.It takes balls to go the opposite way of the herd.When your on a good thing, stick to it,regardless of whether the price is up or down. With a balanced approach, right research and a little bit of luck,a GOOD company --like exco--wont let you down.
EXS Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held