Replies to post #3741 on Value Microcaps Junior Miners

[Bobwins]

There are a couple of issues with Exn.v. They are a small miner with only 200tpd production. Reserves are low and company is drilling to find more. I was attracted originally by the super high grades that produced .05eps last year.

Following qtr was disappointing due to lower grades. Not sure if this was a short term issue or whether grades will continue to fluctuate.

Stock has not taken off because of grade issue and reserves. Good news on either/both fronts could send it flying.

Mgmt seems conservative but solid. They should benefit now that the silver debentures are almost done.

Bobwins