RE: RE: More BargainsPeople change, they get their acts together, at some point.
IMO, EZ management have given themselves a good scare at this point in the game.
If they can complete this PP at 5 cents, they will have averted the disaster of a rollback. Wouldn't be surprised to see some insider participation (nudge, nudge, wink, wink), that always makes
investors confident.
I'm pretty sure that they didn't foresee this summer market and had probably counted on results
from the Yukon, in time to support the SP, before annouceing a financing.
You simply don't survive @ 5 cents forever and IMO management should be ready to get serious
about moving this company forward. Caribou has called their bluff and it appears EZ wasn't bluffing
and is willing to walk away from the JV with $100,000 for their trouble.
I've changed my strategy on this one and will not be selling any shares, anytime soon. Bonaparte
alone is worth waiting for developments. Hearing stories of their inept attempts at mining, tells me
all they have to do is find the right JV partner, that knows how to mine it. They still came away with
some nice coin from the bulk sample, it just appears they wasted money on a misplaced ramp.
At these prices, with these properties, I can't see any way, but up from here.
JMO's DYODD
GLTA