TSXV:EPO.H - Post by User
Comment by
Virgil31on Dec 12, 2013 5:02pm
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Post# 22000876
RE:someone will have 20 20 hindsight blues
RE:someone will have 20 20 hindsight blues
Yes, perhaps I might buy them, No, I will wait until this falls sub .12. This has the momentum and hype of the run in April. There are people on the other end cheering for the fall and are making money.
I called this back in April, although I did not see the reason being the collapse of the cartel.
People are so SURE of this mine being built. On what basis. Faith, hope is all I can see. They are on less equal ground than other juniors, being further back in the game. The ace that EPO carries is the endorsement of the Canadian gov't. This is no big deal unless the gov't comes up with REAL incentives to develop this. Let's see a big tax break or something for EPO if they develop this. Another positive is their management. Someone posted the board's members. Quite impressive.
Someone asked who was a pumper, a basher. A pumper doesnt listen to facts. He will try and promote his company with faith and hope. A basher at least sees the forest for the trees! He doesnt subscribe to the hope, faith plan. His thinking is toward the negative side. He takes in facts and is realistic. I am more towards being a basher. I had hope, and faith but then I researched more and seen the forest for the trees.
I don't believe the mine will be built. I will get out of this IF we ever get to .34 again. A good strategy is wait until .10 . They buy the house. Wait until it goes to a high of .17 then sell.
I don't have a crystal ball. I am speculating. The trend for this company is down PERIOD. What is going to turn this around ,a report. That won't do anything for the sp. An offtake is what we need.
I own about 177,000 shares of EPO. I will wait until I get my money back until I die.