RE:RE:Two HatsObserver10 wrote: A little quiz for you Max. Since Frankman see this stock at 0.01 at the end of the year, where do you see it by the end of december and in a year from now. It is just for fun here. Since looks like you're the most bullish here on this stock, I just want to see tha gap between the most pessimist and the most optimist.
Just for fun I will take up the challenge. Now that we have had the webcast it takes some of the guesswork out of the predictions.
Factors that may increase share price
1) POG increases - this is a real possibility IMO.
2) scout drilling below Red dog produces stellar results. Unlikely, I think they will be in line with main zone and will have no effect on the share price in the short term.
Factors to the downside
1) Few Nrs will come out between now and end of the year
2) Tax loss season will take place in Nov/dec and maybe EAG will suffer
3) Currently little or no interest from the market in this stock.
4) Some shareholders have options at 8c, they could sell stock at a profit and still have skin in the game when the SP goes above 8c.
Prediction - somewhere between 3.5 and 7 cents at year end. Main factor will be tax loss season IMO. If it drops to 3.5 I will buy heavily. I am more positive about the prospects now than I was prior to the webcast. I like the fact that Dundee's guy spoke and he also appeared knowledgable regarding their strategy.
My other prediction is that there will be a very large drilling program next Spring/Summer assuming the PEA is positive, which I am sure it will be. Short term not much movement but longer term the SP should be higher. A higher SP after the PEA will slow the dilution.