GREY:EGDFF - Post by User
Post by
DoubleManon Jun 02, 2008 12:55pm
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Post# 15134903
Clarus still buying from Canccord...
Clarus still buying from Canccord...Today June 2nd...Clarus (024) is continuing to average in...buying at $5.15....and Canacord is trying to keep the price at $5.15.....
Conference call this afternoon and I feel confident that Fred will fortify EGD position and growth....looks like rig count could easily reach 70 ...from just over 27 a year ago at this time....
Earnings...all cash at current rates...rigs fully booked.....$10.00 by year end is my guess ...that is if the company sign is still on the doorway....juniors that grow at this rate are soon taken over by larger corporations looking to expand with guaranteed growth.....EGD is growing...no plans for standing still with this company.
Should be interesting listening to the conference call.....