bizzo, In my opinion the resources boom is finished. We will go into a period of 3-5 years of nothing. Hope will be a dream. Any small to mid cap companies need to have big cornerstone investors or JV partners to ride this wave. I cannot see anyone in this market giving EIO in excess of $5 million to fund exploration. So much so they raised $2 million. If it were a cracker they would have raised far more.
Take off the blinkers - EIO's plans are more than just ambitious. Huge story.
EIO Price at posting:
28.0¢ Sentiment: Sell Disclosure: Not Held