get real

As far as I am concerned, after today's announcement, ERN's potential and fundamentals are not one iota different than they were one week ago. Six holes for 6 hits with grades as expected. NOTHING HAS CHANGED ON THE GROUND.

However, when I look at the chart, the picture is now far better than late last week.

I did caution last week that the share price was getting overheated when it was approaching the high 90's. Two days later it went up further and really got overstretched...... hence the HIGH DANGER ALERT was flashing!!

Well, I am now pleased to say that technically the share price is now back to 'fair value' on the chart -and probably more in tune with the fundamentals. Indeed, for those who rubbish charting, today was a nice lesson!

And let's give the company some credit for the speed with which it has been able to give the market lab ssays..... while some of its peers take months (as eg EXT holders would know).

Be patient and give this young company time to drill up what ultimately may be a large, shallow low grade but economically viable and long life deposit (or series of deposits). Today's clean out will ensure that some of the more impatient types and Johnny come latelies said good bye..... while I said thanks for coming and good riddance ...lol!