shaping up to be the best play of 2010Seems news is coming every couple weeks, and its good news every time. Eventually we will get some news that the zone has found the boundaries, but by then this could be well over 10mil oz. Current models people have made on their own are close to that already.
Market cap is around 400mil now and at 100/oz buyout on 10mil that's more than a double from here. Let's hope we get more than $100 and we get at least another year to drill the property and prove up some of the pie in the sky guess some people are making of 20mil oz.
I feel the news of the mining license took the cap off this stock, blue sky ahead? Let's all hope so.
IMO this is still a screaming buy and I am rotating as much as possible into EAS and buying any dips. With the stock moving strongly now, there will be some pullbacks and I am not sure if it will happen from this level or at some higher level like $6. I've been tempted to trade this a couple times, but luckily I didn't as I would have had to buy it at higher prices. I blew it on VEN, I am not blowing it on EAS.
DYODD, and also read some of the quality posts here as this is one of the best and most honest boards going right now.
as per Costal, "Ya gotta luv it"
GLTA
Schor