Thank for that - always reassuring to have one's belief in esg reinforced.
I was shocked when reading through a copper forum last night to see the sp of that company had slumped 50 per cent yesterday after announcing disappointing results.
Two days ago - people were posting comments that "this was it" "this is going to be huge", then CRASH!
Very sobering.
But ESG is a well managed company and has proven up its resource - and it will only get bigger - and we are in a company that will see demand for its resource continue to grow in coming years.
ESG said back in January it believed it was worth $2.4 billion dollars, so the prospect of $2.35 or so a share in a takeover is more than realistic and if there's more than one interested party, well who knows?
Cheers,
B
ESG Price at posting:
84.5¢ Sentiment: Hold Disclosure: Held