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Re: bwldforbucks1 post# 2102

Friday, 05/04/2012 10:25:14 AM

Friday, May 04, 2012 10:25:14 AM

Post# of 2142
I guess I should have said that I am convinced that BULM is not getting fair value for its assets in the merger and could have realized a greater value by itself quicker than being tied to EMXX. I think that management sold out because they were getting tired not because they were convinced this was the best deal for them. They are selling the company essentially for a present value of the NEM royalty and nothing else. All of the other assets which held great promise are being valued at next too nothing. Don't get me wrong, I think its a great deal for EMXX, and EMXX has potential, but that potential is a long term story and frankly I think there are other juniors/explorers who are currently trading at bargain basement prices that represent a better opportunity for my money. In order for EMXX to hit it big they need to get serious with either Haiti or Austriala and neither seems to be making any significant progress. JMHO. Welcome all thoughts.

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