EAR 0.00% 32.5¢ echo resources limited

1) Cap Raising will be needed at some point. No question. 2)...

  1. 550 Posts.


    1) Cap Raising will be needed at some point. No question.
    2) Given Ernst's frugal nature with spending money 900k could actually last a long time.
    3) There seems to be a seller who wants out. See the ceasing to be a substantial and the the cross trade of 1M Shares today I am hoping he is taken out.
    4) Fundamentals to this and story look excellent. I think at 15M it is a great entry point.
    5) Time is on their side. They have some big producers around them that may need their reserves at some point.

    I would like to see some more aggressive drilling,some resource estimates (JORC 2012 based) and some more information on how the metallurgy may look with this dirt.

    This stock is starting to interest me a lot. Do your own research..
 
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