Hi, Looking for thoughts on EAR.. Broker pointed them out the other day and being doing some research on them. My findings for comment / discussion. a) Drill results thus far look very good. Some big hits and a lot of land still to explore. b) Position of tenaments very close to existing mines and not so far from Perth(700km). These mines could use this ore in coming years. c) MD has worked in this area for a long time and good experience. He has large stake in the company (meaning his goals are the same as the shareholders and it is not just a salary). d) Success captital raising (although small) and more drilling soon. e) Tightly held Top 20.
I know Gold stocks are unloved at the moment but the price seems very low considering the drill hits thus far. Interested in getting opinions. I have a small position today.
EAR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
