Email from ESO
Most small companies that sudden escalate in stock price have periods of time where it seems nothing is going on or going right. The question to consider is – is the company’s pursuit realistic and will that pursuit eventually show concrete value. How many people do you know say, “I wish I bought the stock back then” but were never willing to go through the long periods of time when nobody likes the company?
Everyone has their own, and different, perspective to consider and how to evaluate ESO. If you don’t consider the company worthwhile, stay away. I like to keep the ESO, Fission, over-all uranium discussion going with those real stock holders.
This is how I boil down ESO.
1. Summer doldrums, Uranium down - it happens
2. Pursuing (narrowing in to) tangible targets - good
3. Money to continue until results are substantial and confirmed?
4. Need to show results. When and what will be shown? Hopefully drilling around hole 16 will show consistency in good results.
Here is an update from Rob (ESO) dated Aug 16th:
We are working very closely with Fission on a number of fronts. In regards to drilling at Patterson Lake South we have the next phase (end of summer and fall) all mapped out. We are awaiting some final details but we anticipate that the next phase of exploration will commence relatively quickly (within the next month). I have not seen the full drill program (targets) however I fully expect that the majority of the Diamond drilling will be near our past positive drill holes PLS 12- 013 to 016 (along the conductor).
I hope to have an update on all situations very soon, but as usual this will depend on Fission.
Regards,
Bob