RE: RE: EAGReally interesting company and property. Management could have really marketed this stock to drive the sp up....way up! All they had to do is step out from the bonanza hole and hit good numbers. Look at ATC. They only have 13 holes and they are at $7.
I believe that management has as a really good idea of what lies underneath the property...GOLD!. I like the fact they are not pumping this stock through the endless flow of NRs. They don't seem to be in a hurry or rush to make news stories. If you watch the video presentation you would know that they will be (or are) doing some work soon (ie. grab samples). In January they will be begining the winter drilling program. The first 43-101 will be out when they are at 1 000 000 oz.
The sp has been held back because of the millions of shares from the pp. The last batch 800000 will expire next week. The next batch expires in May 2011.
I predict that the sp will rise in November. The sky can be the limit once results are released in February/March. The best time to buy a stock is when nobody really wants it. The best time to sell is when everybody wants it.
Cheers
Lucky