EAR 0.00% 32.5¢ echo resources limited

Ann: Share Purchase Plan Offer Booklet, page-69

  1. 103 Posts.
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    This is Jr. gold mining..... no one knows how this will work out..... EAR @ A$.13 is a simple risk/reward set up.... you obviously think the risk outweighs the potential reward.......

    Of course you may be right....

    IMHO, with their land position, the BW mill, NST backing and A$17m to drill with, the downside is probably pretty limited over the next 12 months.
    The upside is a double or better if things go right.

    Of course, I could be wrong.

    I am still holding 2m shares underwater ( but not worried ) @ A$.16.

    Pay your money and take your chances... or not...

    Good luck to all of us.....
 
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