RE: RE: RE: RE: This is why share price dropped
Fragman... we must not let "just" the s/p affect our outlook for EC's chances of success.. as we all know there were many variables that caused EC s/p to drop. Like i said i bought EC because i think they'll find gold at Zarza and if and when they do this pony will run so to focus just on .50 or .60 cents clouds why one bought in the first place. The "experts" always say look for gold where they've found gold. EC has done considerable background work and it looks like they may have judging by the IP have found a source of gold... atleast all the mineralization is there that was present for the ARU drills.
I would hate to see folks sell down at these prices only to see traders and insiders take this puppy up so quick it would make our heads spin.. it could happen.. it's very early in the game.. although some want you to believe that the game is over in the first inning.. i wouldn't necessarily double down here but i can understand why some would especially if you knew the geologists and could understand why they think there's reason to be optimistic.
Next week we could revisit the .70's .. not saying we will but alot has been discounted that won't be a long term barrier to share prices.. this is why the reward for succeeding is so high with these companys as there is alot of mud and dust clouds to sort thru before the picture comes into focus.
salute
salute