EAR 0.75% 33.3¢ echo resources limited

EAR chart, page-109

  1. 602 Posts.
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    S Reeve's chart nails the distinct resemblance between August 2017 when Echo had its last run , and right now .

    50 day m.a  now approaching pierce point of 200 day m.a …..and Key Metrics thread opines the reasons .

    News coming on updated feasibility and revised resource , supported by $A GOLD PRICE provides logical rationale why volume is strong .Old adage of volume precedes price rarely wrong .

    NST price and quarterly , and NST director now on EAR Board fundamentally underlines why NST can just sit back and have a Cuban cigar and a port as EAR rock and rolls into development and production .Whoever bankrolls Echo's debt funding has the comfort that NST is the wicketkeeper , 3 slips and a gully , third man and fine leg all covered in a financial heartbeat, with its 23% +/- holding  !

    Genuine re-rate well underway

 
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