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52.0¢ egan street resources limited

Ann: EganStreet Raises $4m to Accelerate Drilling at Rothsay, page-15

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Barolobill

7,788 Posts.

189

20/09/17

12:36

Post #: 27339957
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Originally posted by Davisite ↑

The recent CR really is very bullish. I don't see the management of EGA wanting to dilute their position unless they knew that fast tracking the drilling was going to return much more.

I think they always thought the ground had potential, but they have been surprised by how good it has turned out to be. They are hitting gold in places they expected to be sterile and significant gold in the places they hoped might have a little. This is a great example of where you want to take as much money as you can wisely spend and drill like crazy.

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Diamond drilling results must be due any day?

EGA Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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