Its easy to sell EXS, but do you really KNOW what you are selling?
I have learned one thing in the stockmarket, that you need good management with a proven track record, next to having a great resource or/and exploration dirt.
Well, imho we have with EXS both, and more because we still have the take-over clouds hanging over this company.
So imho this company is NOT a sell right now, and if all goes to plan, it will not even be a sell after the divident pay-out.
MA has shown us the writing on the wall, by pointing out clearly, the next copper resource ready for further drilling, to prove up our next cloncurry copper mine.
Why on earth would you want to sell such a company at this stage??
I have not even contemplated selling my shares, as I believe that within a very short time span we will probably carry an even higher Mcap then we have right now.
And yes this is a big statement to make, but if you look at what kind of temenents EXS has, and the many leads we have of high grade copper/gold drilling results, then its not too hard to get the picture.
Add the plenty of Cash that we have now available for exploration, which means more drill rigs and more drilling teams in the field to speed it all up.
Last but not least, there will be still money left over to make a corporate play.
And there are still a few juniors in the cloncurry area with huge highly prospective tenements, like SMD and others. And these companies are cheap and have not much Cash to unlock the hidden value they have on their tenements.
EXS CAN unlock that value after the sale of their coppermine, because they will have the Cash.
And imho MA has already some of these juniors on the radar, and they are still cheap considering their highly prospective tenements.
So if you can find all of the above in your other preferred play, then good luck to you mljet.
But imho another company like EXS is hard to find on the ASX.
And remember I have not even mentioned the white dam gold mine, and the millions of Royalties that EXS will receive over the next couple of years.
The grass is always greener on the other side as they say, but right now I can not see this with EXS.
jojo
EXS Price at posting:
65.5¢ Sentiment: LT Buy Disclosure: Held
