time to lighten, page-21

Lol I could only wish it was going to $6 dollars in a matter of days but you and I both know that is not going to happen - not for a little while at least.

Drilling around ranger didn't come up with anything good ( as stated in the recent quarterly) but ERA still has plenty of drilling to do further beyond in highly prospective areas. Furthermore Deeps has to be approved by the Mirrar people (which I can see happening) but still - puts investors off edge with that little bit of uncertainty.

After the recent investor visit it was reported that the view of analysts visiting ERA is unlikely to happen in the next decade despite its leaseholder improving relations with local indigenous groups.

http://www.smh.com.au/business/no-start-on-horizon-for-jabiluka-development-20120621-20pju.html#ixzz20PSQCmqK

But hey, thats just analysts talkin'. Who knows what will happen.

Im still in there and plan to be for much, much longer.