The stock price is where it was 12 months ago at the Nov AGM $0.23c we just need good news on the JORC and drilling. The overall market place is down significantly in trading volumes since Feb / March this year. With USA and Europe having such difficult times it will always have a bigger effect on the small cap / non production stocks like this.
In my view EER need to be able to provide positive news this Q so that we can start the consolidation and move up over the next 12 to 24 months. If EER keeps falling then people with money and a longer time frame available to then would be crazy to not buy into the drop.
W1
EER Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
