Let's review
This stock was sitting at 14 cents while it was in the SAME position, except a few less resources.
None of the major shareholders have been selling. OH, and the price of gold is going up up up!
This was undervalued at 14 cents. It will be undervalued at 20 cents (though some people may cash out in the 20's, so it may hover around there for a while). But sitting on one of the biggest gold resources in the world, while the fed continues to print money with their ridiculous QE plan, and one little push from China (who is purchasing more gold than is produced worldwide this year ALONE)... and we're sitting pretty.
I intend to look back and laugh at people selling at these numbers. EGX is one of those stocks I will talk about with friends for years to come