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elcaribes

04/18/12 2:28 PM

#6630 RE: Destinator #6628

Destinator, In_XS was responding basically about the failure of past road shows when another poster pointed out the upcoming road shows. Chris & Gary have been conducting road shows for the past 6 to 12 months and what has happened to our stock? One year ago our stock was priced at .90 cents. The beginning of last December our stock was priced at .44 cents. I thought the purpose of road shows was to tell the story to new investors (as CD & Gary have continually said - institutions, funds, high net worth investors, etc.) Shouldn't success of the road shows be based on CD's ability to bring new investors to the company? So who is to blame for a stock price that continues to sink? Are you saying that CD should share none of the blame?

I always thought within the corporate world the buck stops at the top. If a company doesn't meet earnings expectations who is to blame? If a company continually loses money, who is to blame? If revenues aren't up to snuff, who's the blame? Most always someone in the management team or people within the management team get the ax and many times it's the top guy who gets the ax. It's no secret that past road shows have been failures and given it will be CD & Gary who will continue to do the same thing on future road shows - based on past performance - what conclusions should be drawn?

While I respect the fact that you will NEVER make a negative post about EXS, facts are facts. For the last several weeks the stock has done nothing but set new 52-week lows. BarChart.com has had EXS rated a strong sell for months. Go there now - they still have EXS rated a strong sell. Investors have lost millions on paper and you really need to get over your manipulation theory. Over the last four years, gold has moved from $500 to $1,900 an ounce. What has EXS done over the same time period?

While CD has done has job in the field, so far he has failed at selling his story to institutions, Canadian brokerage houses, high net worth investors, etc. For that reason, shouldn't he at least share part of the blame for the stock being priced where it is today? We all want success for this company, but based on performance over the last four years during the greatest gold bull market in history, wouldn't you agree that something is wrong? So what is it that Canadian brokerage houses see as a negative and a reason not to recommend EXS as a buy to their customers that many here are unable to see? Most all of us here are cheering for Chris Dupont. Hopefully, something happens soon that will let us all sleep a little better at night!!!
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In XS

04/18/12 4:58 PM

#6636 RE: Destinator #6628

Destinator CD has also taken the SP down to a 52 and a 4 year low. So don't give me your story. I know the past all I care about is what the value of my holding is. Right now it is in the toilet and has been there for more than 3 months.

Can good drilling translate into increased market cap? So far it hasn't. Fact is Fact.
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STR8Shooter2012

04/18/12 5:27 PM

#6638 RE: Destinator #6628

I also urge people to "Get Smart" in their expectations surrounding a possible deposit that may lurk over half a mile below the earth's surface that has yet to be identified. We know the lair where the beast "should" be, but will it still be there? These are the questions that need to be answered. Will a $7mm treasury be enough to ignite the interest that is required to lift 187,500,000 shares of stock? Those that can only see a 30-60mm ounce mine with billions in cash flow are ignoring the immense amount of work required in that journey. These doubts are the source of the selling pressure as well as the horrid technical action (in all juniors) and the current pall over this space. In 2008, I watched the stock rocket to $.90 from $.30 in six trading days on 40-feet of half-ounce at Eastford only to have the SubPrime Meltdown stake it straight to a dime by Xmas. It made no sense but because of redemptions or fear or stupidity, someone sold me shares at $.09 in December 2008 and I sure as hell didn't blame manipulators for that crash. To say that the current weakness is "ALL MANIPULATION" is like the anorexic 90-lb. lady looking in the mirror and seeing only fat. Of course, it is easier to blame manipulators than to admit error in either timing or valuation or both but here we are at a 3-year low and there are no bids to be found anywhere. Such are the cruelties of the junior mining market.