"IMHO this company will never produce an ounce of gold but Ian you and I will walk away with a very nice profit for our PATIENCE!!!"
Pile, your quote from above.
Why do you think EKM will never produce an ounce? M&A is a possibility. Or is there some other?
It's in the chairman's DNA to produce, I believe. On the EKM website, it says this about him:
"Mr Murray is a chartered accountant and has over 15 years corporate experience in the publicly listed resource sector. Previously he was with DRDGOLD Ltd between 1997 - 2005 during which time he held positions including Chief Financial Officer and Chief Executive Officer.
Mr Murray oversaw DRDGOLD's major acquisitions, restructures and stock exchange listings over the nine years which grew DRDGOLD from a small, lease-bound South African miner into a globally listed multi-mine gold company producing at its peak over 1 moz of gold per annum."
EKM Price at posting:
38.5¢ Sentiment: LT Buy Disclosure: Held