2009 will be the make or break year for EKA. The company will...

2009 will be the make or break year for EKA. The company will need results from sugarloaf or it will only be worth what someone else will pay for the leases it controls. The new issue looks safe enough to take up unless there is some bad news in the next couple of weeks as there are no sales below the 4c and a few above the 4c. Not a lot of sellers at this stage.

Because the price is so low there is a chance of good percentage return with every small change. The odds are still good and I will still be happy to hold and take up the new offer.

I'm tipping a good 2009 for EKA.