Well, a director recently topped up on-market with $20k worth at 14.5 cents.
He needed the window to do so, which probably means the funding announcement will come in mid to late October.
I do not believe NST will be involved in funding, I think they're happy to see EAR go it alone for a couple of years while NST go Pogo riding.
Gold may get a bounce briefly, while the enormous shorts in the USA are covered, maybe to $1,250 USD, but I wouldn't bet on an imminent sustained uptrend in gold while the USA economy and dollar are appreciating. In Australia, this will be somewhat off-set by the falling Aussie dollar.
Good buying at this price now, and I purchased some more this morning.
Got to keep the faith.
Gw
EAR Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
