The shale story in interesting. It means there might be a few more players willing to give EPG some money. It may also increase the incentive for Transcor to play hard ball and get their hands on Gazanor tenements too. Lets hope the timing is truly on EPGs hand and some is willing to help EPG rollover the convertibles. If they want exposure to shale, debt may be converted to equity...but at 45 cents?
EPG Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
