EAR 0.00% 32.5¢ echo resources limited

Really interesting at the low end of the market, page-8

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    If EAR really made a significant new discovery, EVN may we’ll be one of the players interested in a bid. NST dont have a monopoly on the company. They have an advantage, but they don’t own it. First one to 50% will likely get that prize. It will come down to who can pay more and get it to work for them. All mid teir gold companies need growth and the gold price is sweet at the moment.
    EAR is in big gold territory with a plant doing an ongoing drill program. It’s more of a matter of when something happens rather than will it happen imo. Dyor.
    Euroz thinks 46c is the target and that sounds good to me. That is without hitting something significant out of left field short term.
 
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Currently unlisted public company.

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