Sadly for EGA, their options are limited in terms of economic transportation of ore to a mill. As a relatively new holder to SLR, I have just enjoyed reading todays announcement on production grades. SLR is in a perfectly fine position with a good outlook and would buy your company to join ours. Whilst that is pretty shite, I have endured a number of buy-outs i.e Doray, MKO, EAR, Laguna and life goes on. The guts is, if you dont have the cash to build a mill and transportation is too expensive to really be economic then you are left with a bloody good but stranded asset. Join us, you dont know the power of the dark side....
EGA Price at posting:
30.0¢ Sentiment: Hold Disclosure: Not Held
