InvestorsHub Logo
Followers 1
Posts 138
Boards Moderated 0
Alias Born 08/04/2011

Re: STR8Shooter2012 post# 2559

Friday, 10/07/2011 11:34:42 PM

Friday, October 07, 2011 11:34:42 PM

Post# of 12573
No, we do not want to give the whole stable away for peanuts.

EXS is unproven and unknown to the market. We need to build a reputation as a company that CAN build shareholder value, starting by successfully proving their first deposit. Even if it means that the first property has to be discounted, which is the reality of $0.34/share.

Then as successful explorers, management could leverage exploration on follow up properties at higher share prices and full valuation.

TPW will be discounted in order to become a proven resource. The other properties should not also be given away.

A JV on only TPW would be an excellent start, but offering too many shares for all the properties at $0.40 is asking to loose your company to a major who can never provide the same share price multiples.

KEEP THE PROPERTIES SEPARATED OR WE MAY LOOSE THEM ALL FOR CRUMBS!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.