RE:RE:RE:RE:RE:RE:Between 8-10 cents before the PEAI don't know if he is legally required to share that info or not Solid. Here is the email from IR I got last year if you would like to take a look. Your really pointing out a lot of useless information and asking me questions that appear to me as though your trying to discredit my information. Take what I say as 100% accurate from my mouth and second guess Glenn and IR if you like...
Hi Brendan,
Thank you for your email and I am sorry for the delay as I have been out of town.
EGX is still working towards the PEA and although I cannot promise a date for release, but I hear it can be within the next month or so.
Markets have been very harsh for the resource sector in general and valuations seem a bit of a joke lately, however, in the case of EGX, we do have a very large resource (which there is a possibility to increase) and once we have a handle on how we can extract the minerals from the ground in the most cost effective way, then that can open the doors to start taking the project to the next level, which could be finding someone to take over the project and arrange the financing for putting into production.
In my conversations with Glenn, he has mentioned he has already had some offers from different groups, but with a PEA in hand, we are better prepared to negotiate a better price for shareholders.
Let me know if I can be of any more assistance.
Jeanny So
CHF Investor Relations
(Cavalcanti Hume Funfer Inc.)
jeanny@chfir.com
www.chfir.com
Toronto Office:
90 Adelaide Street West, 6th floor
Toronto, ON, M5H 3V9
T: + 1 416 868 1079