RE: RE: it's all badYep, buy low when you can.
ER landed $16M back in July with common shares issued at $1.40 a piece - not flow through shares. That $16M is more like $20M when the exploration is being done in Quebec with the rebate scheme. In short, ER is well cashed up to weather this storm thanks to management having the foresight to do a placement when the price was doing very well.
This is EXACTLY the kind of gold expllorer that will see investment when the market recovers. I've been adding to my position on the way down and will continue to do so if the price continues this gift of a decline.
franz