RE:RE:A good read.Agree with the manipulation part, thats what one deals with with juniors on the Venture. Big swings, high leverage. But lots of money to be made for those with strong stomachs.
Disagree with the ECS thing though. I'd say they are closed to fully valued at $164M, maybe has another 20% in it to get to around a $200M MC. Their Preliminary Economic Assesment has their project's NPV at around the $250M Canadian mark. I guess if their going to actually mine it themselves there's about 50% left in it. But I bet they're hoping to get scooped, in which case nobody's going to pay full value. ECS is trading at over 6X USCO!!! And just the resource that has been previously identified will put USCO's project in the same ballpark, let alone anything else they discover! I've said it before, and Ill say it again, the sky is the limit for USCO if you can handle the swings. Get some blood pressure meds and hold on for the ride! GLTA