Richard certainly experienced the ups and downs of the mining cycle at MOY, from 70c, down to 2c, then back to 40c, now 16c. He should have some insight into the problems to be avoided...
It’s a high caliber appointment and very positive IMO.
Couple of weeks away for for DD results I’m informed. Other good news is that DD and RC rigs kicking off their 6 months no stop drilling this weekend. Exciting times.
MRE upgrade looking like early December.
So we can look forward to lots of drilling results ongoing and a resource upgrade in December, leading to upgraded DFS in April, funding and start of construction shortly after.
This company is flying under the radar, but I expect that will change in the next six months.
EGA Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held