Post by
GLTA99 on Jan 03, 2014 11:24pm
TheMerlion/Testfreak and a question
Okay guys, I'm a junior investor, reading this board since a while, having EGX stocks that I won't sell and not planning to buy anymore in the near future. 1- Testfreak You don't answer many of TheMerlion's concerns about your statements : a) The CEO created many billionaires companies... You can't name any b) You try to make your point by showing the incomes of this company (amount of gold, copper, etc multiplicated by the actual price) but you never talk about the costs (CapEx, OpEx, etc.). c) You shoot out of nowhere that the SP will hit $0.50 sooner than later. In other words, you show us fairy tales by hiding the other side of the story which is not rational. That's sad because, overall, you're interested in this stock like all of us, you have a certain knowledge of the company and you could really spice up better the board. 2- TheMerlion a) You said many other companies with the same low grade gold do have a better potential. Why don't you complete your statements by giving examples. This could then be challenged by others. 3- Newbie question: Why isn't EGX focussing on the Enma area if there seems to be high grade gold? I understand that the gold distribution could be erratic, but could it be enough to completely avoid drilling? 4- They said in their Powerpoint that the PEA would be released Q4 2013. Normally, we will all agree on the fact that they do exactly what they say, but they didn't this time. We should sadly keep that in mind. 5- When do you thnink we should expect an updated forecast on what's coming overall in 2014 other than the PEA? (ie : New drilling calendar) 6- Sadly and generally, I often read here people saying things like a) "Ah, he's mad because he couldn't buy at $0,05" b) "He sold too early and now he comes bashing hoping to get stocks back" c) Any other useless comments like this It would be nice to have a polite conversation by avoiding speculations toward people's stock transactions, because it becomes really boring to read. If you don't have anything intelligent to share, keep your comment for yourself!