RE:Too bad this is not producing Personally, I am more interested in fundamental value than stock trading and price. My belief is most holders of this stock will never sell their positions into the market, but will be relieved of them by a structured buyout at a much higher price.
Very few people fully understand what ETG holds at OT, the history, complexities of the relationships, and the probable cashflows and resolutions of long outstanding business issues concerning the JV.
Watching gold and copper run to the upside is fullfillment of a prediction we have been talking about fir a number of years. Our fundamental value and future cashflow is being enhanced, substantially. The leverage and value being added is significant.
The price should probably float up a moderate amount, but until the JV and tax stability is settled, ETG lacks certainty and presents novel risks that don't permit full valuation by the market and trading. It's also quite illiquid. Easy to hold, easy to buy at these prices! Whoop whoop gold and copper.
cg