EAR 0.75% 33.3¢ echo resources limited

Ann: New Gold Exploration Targets Identified, page-4

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  1. 730 Posts.
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    That's fair enough. Everyone has a different tolerance of risk. Uncertainty around funding is providing me with an excellent opportunity to add to my position at these prices.

    I am anticipating that they will provide clarity over future funding requirements & successfully raise the very modest capital required to refurb the plant & transition into a producer. You may prefer to sit on the sidelines and doubt whether they will make it or not. I prefer to invest here at these prices and back them in to successfully make that transition. Perhaps, they will be taken out before that time (as another poster suggested). Regardless of how this plays out, I'm reasonably confident that the gold will be mined at some point in time.
 
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