USUAL SUSPECT HYPE/POST/PUMP YEAR END DREAMS of RICHES??The usual suspect year end HYPE/PUMP from the usual suspects/traders and etc. Same old pump trading action from the same brokers/traders back and forth/PAINT a PICTURE to suck in the unsuspecting buyer with DREAMS of RICHES and SUGAR PLUMS, hinting of major things to come, as they have for years.
The only good property EPL had was Copper Canyon and even then they blew it on the sale, my opinion, they could of got more but they waited too long and when they did sell it they still could of got more, my opinion and based on discussions with both parties/MGMT.
Now we have the latest news a JV with Aben, run by crazy Ron, who is a likeable person and is always looking at deals, some Good/Success and some very bad like wirh Virginia Uranium/Energy, which I told hom to avoid, a uranium project that would never be developed. ABEN Ron and Tim sit on each others boards.
There are some common investors in both companies, some good and some ????? .
BOTTOM LINE AVOID EPL trading has an ODOR and major share holder that has financial issues, FNR - refer to sedar for the Auditors reports and going concern comments and etc.
All the above in my humble opinion and based on Sedar, fianancials, trading history over the years, status of the financial and commodities mkts, too many proejcts for sale, companies going under do to th elack of funds and etc.