Eastmain investmentAs a long time ER shareholder I was surprised by the involvement by ICG this past week. Never really followed the company but did some reading this weekend and liked what I saw. Like most of the gold sector ICG shareprice has been in the dumpster for quite some time. Comparing ICG with ER graphs they are really are quite similar with ICG blasting off in the last month.
Quebec is THE spot to mine. With Clearwarwater numbers are shaping up and with the price of gold starting to have a pulse again, ICG capital infusion, and mining expertise, ER share price could follow suite. -a good investment,
Dr. Don has been put out to pasture which is a good thing, his leadership took the ER as far as it could under his skill set. He was a gold finder and did his job but I don't think he was interested in creating a mine. Find it- sell it. No one bought. Lots kicked the tires and G was a significant investor but never took it over. Poor gold prices was probably the issue.
What are ICG long term plans for ER? Any ideas out there?