Hi joaquim-not related to AR but watch his purchases. now he has 30 million shares. He spent over $850000 buying up Bill Wylies holdings from his estate. By my reconing he made about $7mil on his Falcon minerals deal when thay found Nickel and went over $1.40. Has a big interest in seeing EBR in the high figures. EBR management discourage day traders and say they want long term investors who will profit from a major discovery not from speculation-hence their reluctance to ramp early in the drilling and I guess this comes out in the way they do their announcements etc. I don't think these little oil plays will put them in the $1+ range but the Bass Straight, Cultana Uranium/gold/copper and some of their newer projects might. It will be good to see them in the 20s-30s which could still happen from this present round of 4 cooper holes. Sitting patiently waiting drinking cheap red wine :) fc
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
