Short Term Trading Week Starting: 5th Dec, page-75

STTCOMP EYM, FA Long

Cash; $3m+
MC: 4.2m
EV: Less than $1m

Recent Company Share & Board Restructure – 2 new NED’s
Current resources- Gold and Copper
Exploration to commence next month.

Catalysts:
*Seeking new projects/aquisition
*Plenty of cash. Will not need a CR post aquisition.
*Recent security consolidation
*SP was ranging between 0.2 to 0.3c (5-7c post-consol. equavalant)  before the announcement about consolidation. I am  not looking forward to see 7c. But considering the pre-consol trading range EYM should be trading above 2.5c without an aquisition.
* High volumes recently. That should have helped absorb all those SPP shares. Pull back to 1.1c-1.2c presents opportunity.