RE: RE: RE: Thinking about ESOI was told that they are taking a very precise and targeted approach and the 1.3 million that remains should see them through what they have on the agenda for now. More financing down the road doesn't seem out of the question, but if the share price is higher, it shouldn't matter too much. There are many stocks with much higher floats trading well over a dollar and beyond so I'm not worried too much at this time. We'll have to see how things shape up over the next few months... Likely drilling on Mikwam in early January and more drilling on Donna in the Spring. Both Ben and Bob were happy with the low cost drilling that they've been able to do and they are telling me that they are being VERY conservative with the cash (the past being a painful experience). Waiting for the creeks to freeze up to Drill Mikwam is just one cost-saving measure. Also, they are apparently in constant negotiation with other companies for joint ventures but they often get low-balled so ESO says "see ya". I know 1.3 million isn't much money but on the other hand, they are not desperate and don't need to settle for a crap JV deal.
I hear what you're saying, but for 7 cents a share, I feel that the value is there. Let's hope for some good drill results on Mikwam. They are happy with the results on Donna as it is allowing them to identify where next to drill in terms of finding a larger gold resource. The other thing of course is that there is some good potential for the uranium properties. Let's see where the price of it goes in the next year... The price of oil is headed north and that won't hurt the price of uranium. Bob seems to think that there is a "huge future" in uranium and ESO is well positioned there... I think ESO has some great potential and we seem to be working our way through this PP paper and nice consistent daily volume almost every day. Yes, 7 cents is very frustrating and the manipulation is annoying too. Like someone else was saying, take advantage of the low price and load up.
Hopefully Bob will deliver and give us some better details on their overall "plan" by posting it on their website.