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.....
EAR Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held