Mainman, it's based on analyst estimates. Also see earnings history for surprise % - plus - price target summary. This is on the EXK Yahoo home page.
Look at recommendations trends - strong buy -1 ... buy -1 ... Hold - 1.
But now we can add Cramer and his ugly fems and boys. You know the ones who are not licensed analysts.
Thanks for that, but it's a different tone from him from before they bought El Cubo.
Brad - The Parral project in the Chihuahua state; the Arroyo Seco project in the Michoacan state should be sold.
No joking. I was making a prior desired reference ( decent dividend) to when EXK was loaded with cash before buying.El Cubo. With that, Brad stated and gave a list of areas that should be sold. Those areas could still be sold giving us a smaller/small dividend. We need a dividend.
I gave you a thumbs up on both posts. Last quarter, 317 companies in the Standard & Poor's 500 index repurchased shares, but only 98 of these reduced their share counts, according to the S&P. Many companies and almost all smaller companies use repurchases merely to offset shares that are issued to employees as compensation. .
There are several reasons why management would prefer to buy back stock rather than raise the dividend, not that EXK has known plans to do that.
The first reason is that upper management typically will receive compensation that is tied to the company stock price. What this means is that they typically make more money when the stock price goes up. This compensation may come in the form of stock options, rights or other forms.
Management of EXK, like all companies have stock options, they do not immediately benefit from dividends as their options do not qualify for dividend payments.
On the other hand, when a stock buyback occurs the short term implications on the stock price are typically positive (due to the previous listed reasons). And, since this allows management to see the most immediate results to their compensation, it is no wonder that managers prefer stock buybacks as opposed to dividend increases.
A dividend is best for shareholders. A thumbs up to Datbe.
Carefulnow, you just asked why I don't post stock price levels and technicals, isn't price-TA most important to traders.
I have traded EXK before I started posting here. Much of my posting has been when markets are closed. I started posting on the SLW board at 3 and traded all the way to 48, how would one lose. I had said that I sold SLW at 48 because of hype, when it was at that price.
I still trade bio-tech, small tech, S&P - Fortune 500, currencies and food, oil, and metal futures.
You really don't know who I am and how successful my life has been, but I do try to post information for others to research, just as I did yesterday for you. I have also started many times never to buy any stock until one does their own research.
I never discuss stock price because since I've started posting here in September 2012, I have always said that my outlook is long term. I have mostly referred to long term being two years, three years and beyond.
With EXK having assay 1,300,000 ounces of gold and mega amounts of silver, I'm not worried long term.
Peter Algert and Kevin Coldiron's Algert Coldiron Investors
see insider monkey for a list of all hedge funds in involved with any pm.
The hedge funds that bought those shares decided to sell. It was easy to track those shares just by viewing INT reporting to see who added shares by matching the amounts to a name and then to monitor.
We still have six large hedge funds on board.
But remember what mainman has just posted - $20 million sale/inventory that could be added to the 28.4. Operating costs - El Cubo - I figure ate 25% of that before the recent 20% cutbacks.
EBITDA was $28.2 million Q4 FINAL EBITDA is essentially the income that a company has free for interest payments. In general, EBITDA is a useful measure only for large companies with significant assets, and/or for companies with a significant amount of debt financing. It is rarely a useful measure for evaluating a small company like EXK with no significant loans. Sometimes also called operational cash flow.
Part 2. The sensors interpret the electromagnetic data in wavelengths that the human eye is unable to distinguish. The differences in absorption and reflection are analyzed and translated into assigned colors that are differentiated for each type of rock and each group of wavelengths. Other wavelengths can identify certain minerals of interest. Geologists use data interpreted from satellite images to pick out rock units and seek surface clues such as alteration and other signs of mineralization to subsurface deposits of ore minerals underground. These new satellites carried the TM (thematic mapper) scanner. The TM system added coverage in the short-wave infrared and mid-infrared regions of the spectrum. Collecting data from these regions enabled the collection of data that could be used as a tool for identifying alteration mineralogy on the earth's surface potentially indicative of economic ore deposits. The thematic mapper is still routinely used as an exploration tool, however, since its introduction, other satellites were launched that had higher spectral resolution and could, therefore, provide more accurate data in determining surface mineralogy. The technology in satellite systems has advanced to the point where not only individual mineral species can be mapped, but chemical variations within the molecular structure of the crystal lattice of the mineral can also be detected.
So does EXK have a game plan, we can bet that they do. The TM mapper shows that EXK has mega minerals, I won't have my pm funds any place else.
Part 1. In the post titled 'Beastinem' - GeoEye - the Aster satellite with high resolution will show you where technology has headed. EXK has billions of dollars in gold and silver and they know this. New imaging developed (Nov 2012) has now been updated. The TR vein system has wide open gold and diamond drilling appears to be mostly completed. With the ability to determine texture and petrology from miles above the Earth's surface, GeoEye is locating, analyzing, identifying and mapping the structure and composition of the Earth's surface is now greatly advanced. Using remote sensing enables explorers to collect data without having to visit the actual location, exponentially increasing the amount of data that can be collected in a given time, and enabling the collection of data from areas that would be inaccessible by foot, due to climate, topography, or location. In addition, the advancement of remote sensing, has enabled exploration companies to combine a variety of data sets, obtained from both remote sensors and surface exploration activities, such as historic drilling to pin-point, with a greater amount of accuracy, the location of potentially viable deposits of minerals.
So imaging sensor technology has undergone rapid advancements that have enabled explorers to collect increasingly more useful data. When the technology was in its primitive stages, geologists used the sensors to collect simple data, such as surface features, and used this data to provide clues to a potential mineral deposit beneath the surface. This surface data was also used as a tool in mapping. Now, satellites fitted with “more advanced” sensors use the spectral properties of materials (what wavelengths of materials they absorb/reflect) to identify the materials without having to view them “in person.” This spectral data can be collected by sensors mounted on satellites, and these sensors use infrared, near infrared, thermal infrared and short-wave technology to collect the data.
For a decent view, (but not as good as the real service that will give a full data package on any mine, plus more angles, etc.) -----try this:
Use Yahoo search:
Type in: mining and mineral exploration a view of gold imaging
Then go to the second link down
Satellite Images for Mining and Mineral Exploration
Yes, Georgia Tech and Emory are on the list. Some schools use this technology just for certain applications, such as to study fault lines - earthquakes, environmental studies. etc. I know that Ball State and MIT have it all. GT does have a geology program, so I would think so.
For no data and analysis - just a color imaging view:
Use Yahoo search
Type in: satellite mining mapping service
go to link: Mining and Mineral Exploration
Morieni mine Arizona - copper
A while back, I had directed datbe to this site. At that time it showed gold and silver for a few mines in Mexico, but now it's not available.
mainman: I made/make mistakes too and also have posted corrections. Although I had made two mistakes in the past where the post was no longer on the first page, so I didn't bother. I type fast and never edit. I should edit, bad me.