I dunno, but it seems unusual for a share to actually fall to its cash backing value - CV contingent on the Xsrata sale going through, of course.
Otherwise, EXS pretty much just has the producing gold mine and an established couple of billion worth of copper in the ground that it lacks the capital backing to extract and some promising tenements.
You'd reckon 'something' ought to happen in the next little while, wouldn't you?
EXS Price at posting:
62.5¢ Sentiment: None Disclosure: Held