Questions for MGMT? OPPORTUNITIES? FINANCIAL STRENGTHQuestions for MGMT:
A. FNR ( FORTY NINE NORTH) appears to be one of your larger share holders, what concern do you have with FNR's Financials and Financial Strength?
If FNR has to raise funds how strong is FNR hands for EPL and other FNR investments.
B. Concern with so many shares in one firms hand causes an investor to ask the question since the 2013 Annual Financial Report by the Auditor raises some questions and an Emphasis of Matter on the Finances going forward
If you will recall I noted earlier that EPL could see some benifits of a stronger Resource/Gold MKT, this window is closing fast and EPL may not benefit . therefore I do see the price falling back under 5 cents.
I noted the defense of EPL at 6.5 cents I do project that the 6.5 defense shall be broken due to MKTS. EPL would present a good buy subject to some changes by MGMT and MKTS under 4 cents.
All the above in my opinion and based on the MKTS and public info on EPL and FNR.