"Same tricks from CD, leaky boat (he doesn't change I guess). lets just hope he's able to pull another$200 mil announcement like he did 5 years ago with Carr Boyd (wouldn't that be nice)."
I've been thinking about ESR .
1. The guy communicates to the market .... ( a big plus in my book ) - his last little vid showed that they were doing early survey work in Timor ... and capitalising on good preliminary survey technology
2. They've pretty much got the whole territory to them selves at the moment .....
3. I'm not sure about the likely worth of the Manganese resource .... but hopefully we will hear more about this ...and hopefully it will crystalise to be of good value .... ( maybe 2 -3 times the recent market cap of ESR ??? - who knows )
4. I don't get the feeling they are pissing money away ( not that they have a lot to piss away )
5. Dont know much about the geology of Timor - not sure who does ...but go back 30 odd years and look at the Lhir gold discovery in PNG
I guess what I am saying is anything is possible
LOL
ESR Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
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