TSXV:EPO.H - Post by User
Comment by
srpaton Mar 07, 2012 2:58pm
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Post# 19639677
RE: IMHO
RE: IMHO Why wait? Because they have not received the final 43-101 report yet. The latest TLE map does not show the full 58,000 acres on it. It is possible that they are still finalizing the additional TLE lands so that they know what to include on the RE.
And JW did not pull this stunt before. If you remember right, it was the IR people at Vanguard that pulled this stunt 1 year ago before last year's PDAC conference by hinting that the RE would be out by PDAC. Management has been consistent with the RE being out by the end of the month.
Seems like an awful lot of people are getting ansy to see some big action or to get out instead of just waiting a few days/weeks for the updated resource to come out. You have the vote that has substantially derisked the investment, and you have several analyst price targets that say we are going up, and by a lot, if you have the patience to wait.
srpat