RE: RE: RE: RE: The dirty rotten scoundrels, tungsPrediction: I am getting a feeling that EC is going to plunge back to $.40 range because in my opinion, there is a good chance that the pending assays are going to disappoint profoundly relative to the expectations that are present. And I am usually a very positive person.
I anticipate that the shares will recover later in the year when EC does get some good assays on some different holes.. No science behind these predictions, just gut instinct.....and I have worked for enough mining companies and studied enough geology. I am not excited by the pictures of the core samples. They show significant metamorphosis and alteration, but I did not get impressed by what I saw. The hype is all about the fantasy of catching another FDN IMO.
I am not selling at this point on the hopeful chance that I might be wrong. and I am hopeful for EC long term will add to my position on a strong pull back.
We are looking at interesting geology here but that does not mean that the conditions were right for high grades of gold to deposit.
Hope for the sake of the long term investors that I am falling prey to abundant caution, but I think you should also not lose any sleep if the first holes are a let down...It is not the end of this story.