did anybody get sucked in by the ramp

yesterday, some poster, posted about one dozen times, in one hour on mxr. This seemed to be a blatant ramp - maybe even a pump and dump exercise.

despite the ramping posts, the share price is now lower than monday's close.

watso wonders if South East Energy (the vendors to the ero deal), was specifically set up, to make some tenement applications, and then to backdoor list the operation into ero. ero will issue about 150 m shares and 190m options to the shareholders of South East.

expect a capital raising from the present shareholders.

frankly, there is very little chance of share price appreciation for ero. the fully diluted market capitalization is already too high - for what is nothing more than tenement applications - and then throw in the extra shares that will be issued for the fund raising