RE:RE:No value here. Dumping is in progress.Why today? This was the same day I completed enough D.D. to voice my opinion. I continue to look for a bargain.
I like the fact that the company is in Ecuador, that there was a new Board of Diretors voted in and a new CEO. Also the fact that the company raised $1.275M in the last raise.
I do not believe anyone bought into the ask on this date. There were some bids sitting at .015 and the offers hit the bids. There was at least 7 different brokers whose buy orders were filled.
Thinks I do not like.... I covered a few points earlier. I may keep EGX on my watch list but I will wait until a share consolidation is completed and gold is much higher as this very low-grade deposit will need it to make it economical IMO.