ECUADOR GOLD AND COPPER CORP V.EGX

still a long ways to go for the real longs.

[PatchHand]

Selling today is good for people who haven't been in for long. I've been in for 2 years and started buying at 11 cents ($1.10). Bought all the way down to 3 cents (30 cents) so I am averaged in at around 70 cents today. Nice to see I'm not being killed here, but still at a loss so I can't cheer this on as being a great buy out yet. I'm not congratulating longs today like so many are for some reason...still a long ways to go.

[AvgInstinct]

Simple math based on the NR would imply that EGX shareholders would receive @ 0.8479ish per ODN share. Calculated as follows: .3584 X 1.89 (premium based on 20 day avg) / 0.7989 = @ 0.8479. That would imply that if the ODN share price can hold up in the 0.90ish area, EGX shareholders would receive a price of @ 0.76... a profit for you if ODN trades @ 0.90. So... we'll see how the market

[Solidsnake10]

Well Odin down 10 cents today. Guess we'll find out how well this worked out for the longs quite a few who bought at 0.10+ ($1.00+)

[casse]

Yup, kind of weird down 15% but only with 100K volume on 133 M outstanding. Did someone know who's the largests holder of ODN ?

[riskmanager]

M. Ross Beaty (20%), just google it.... one of the best when you think junior + gold. Track record of Ross is just amazing. I was stuck in EGX and Odin was my second choice when Ross beaty bought his first stake. Now he owns 20%. As i said follow the money, he knows exactly what to do.  I don't say the SP will go to the moon, but after the closing date i won't be surprise to see huge

[riskmanager]

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