EGO 0.00% 12.0¢ empire oil & gas nl

Share Holder Value (SHV), page-2

  1. 679 Posts.
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    Personally I think you are investing in the wrong industry. If you want to own shares that pay dividends or do share buy backs, don't invest in junior mining explorers.

    The hardest possible thing for all junior mining companies is raising funds to do anything worthwhile. Why would they give that money away? Yes, EGO does now have some revenue, but if they gave away any of their funds it could jeopardise any chance of doing anything of note in the future.

    Thats just my opinion anyway.

    I still maintain that the main blocker on the sp is the cap which was agreed to with ERM where we basically have to pay them a fortune if the sp gets over a certain price. EGO needs to get out of this debt deal with ERM to move forward in any way.

    Last edited by shewey: typo 07/09/15
 
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