EAR 0.75% 33.3¢ echo resources limited

Well, a director recently topped up on-market with $20k worth at...

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  1. 2,285 Posts.
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    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
 
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