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Bullboard - Stock Discussion Forum ESO Uranium Corp V.ESO

TSXV:ESO - Post Discussion

ESO Uranium Corp > Future of ESO - thoughts???
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Post by trader_dayle on Oct 24, 2012 7:33pm

Future of ESO - thoughts???

I recall not too long ago when Eso was being touted a great investment, with good properties in the basin and good management.

What the heck has happened here?? At 10 cents, I recall the stock being called "undervalue;" isn't it a steal at 2 cents? Wouldn't it make sense at this point for an easy takeover?

Anyone have any thoughts as to what will happen with Eso after the stock consolidation? Are we heading towards a bankruptcy? I'm certainly not as experienced as many of you, but in the time that I have been trading I have not been through a stock that has plummeted like this one has.

Comment by kitkat1 on Oct 25, 2012 3:14am
They took a kick at the can and missed...  They do have good properties but this is an expensive business and they are simply just out of cash.  My plan s to let them do the rollback, get cashed up, let the price settle, and think about reinvesting.  If they find what they are looking for at Pattison Lake, things could really turn around. BUT right now we are heading into ...more  
Comment by Coffinite on Oct 25, 2012 10:59am
There is no doubt that ESO is a high risk - high reward investment.  The Patterson Lake South property has a very large high grade uranium boulder field on it, and those boulder came from somewhere in the basement bedrock. The winter 2012 drill program intersected what appears to be a large uranium-rich hydrothermal system on the PLS property that is located up-ice from the high grade ...more  
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