Now that is the kind of presentation you want to see from a junior in the early stages of an unfolding gold bull market.
Lots of cash.
Lots of brownfield targets actively being explored now
Existing resource (reserves more importantly) getting more valuable by the day
Enhanced technical team
Situated in a recognised richly endowed gold province
EAR has had a strong run of late and probably getting a bit technically overbought in the very short term but when the gold market gets into this kind of mood, this is exactly the type of stock you want.
A couple of nice hits with the drill bit should be the catalyst for serious gold hungry funds to come knocking for exposure.
Not to mention not one ounce of future production hedged so the rising gold price offers cashflow leverage here to the max.
DYOR
EAR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held