ECH 0.00% 36.5¢ echelon resources limited

in the crosshairs, page-2

  1. 10 Posts.
    Should be a very exciting month for NZO holders. With the Momoho drill result imminent and the quarterly activities and cash flow report due out at the end of the month we should see continued appreciation in the share price. There has been a lot more coverage of NZO at this time than there was in 2007 and I would expect more once the latest earnings are reported.
    Add in that Pike is tunelling ahead through the fault and onward to the coal seam and it is hard to imagine this share going anywhere but up. I'll stick my neck out and predict a lift in annual dividend from 5 cent to 10 cent.
    Personally I'd like to see an orderly rise in share price of a few cents a week but I think it will continue to lurch up and down - ultimately rising past $2 by years end.
 
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