EAR chart is a good one to study, it really is positive exploration results and resource estimates that get people excited. EAR was highly undervalued, a little less so now it’s up 250%+ in three months.
Pre 7th Aug announcement, the SP was in a severe downtrend and volume was very low. Volume picked up after the 7th Aug and two more very positive announcements (22nd Aug and 7th sep) and the market was off and racing.
EGA Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
