RE: RE: RE: Aug.13>Merchant Sec inc EDE tgt price lamon, you called me, so I'll answer ... if you ask me I don't think getting the comission in shares was that good for you as a shareholder ... is called dilution ... but was a good move for them as shares doubled from the .15 PP ...
what is important (for you!) is to see enough cash flow to cover the debt payment, the debt interest and to have enough money to do future drilling without the need of further dilution ...
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if you want to make money don't fall in love with EDE or any other stock, but hold it strong if after a proper DD you are convinced it is a winner ...
I am not as convinced as you yet that EDE is a winner, but I have 3 picks I hold ARW, GSR and CEN and they look ready for nice rallies up ... good luck
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PS: also very interesting looking are ISD and FEB from tsxv ... have a great weekend