EGO drilling the eclipse Well has been a dud, but who would of ever thought otherwise? Any marginal well that takes three years to get off the ground was always going to be a dud. EGO blasted punters with important looking reports/maps etc and it now seems the party is over, maybe they can get back their old job selling used cars. Apart from the greedy, who would of thought this one cent stock was going to make them wealthy? Probably the same people that go to the races and buy `scratchies'
I suppose we are now going to get a lot of important looking ASX announcements from EGO and more capital raisings for subsequent wells. They have no track record and would be better off selling off whatever exploration permits they have(if anyone was at all interested)
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