What EGA is a limited downside spec stock where the company appears to be serious about actually mining the ground, not the market. I can't pick which spec stock is going to get a run in the next couple of weeks (I did pick OGX, but that was more case of getting in ahead of the sentiment change which was pretty easy to spot a mile off).
Us little investors miss out on all the juicy inside information, but 12 to 18 months out we are in the same position as the big players. I try to look at where the company will be in 18 months and let the day to day action wash past. The hard thing is not getting distracted by the next shiny thing that comes along.
Sent my option payment off today as I know my bank is hopeless.
EGA Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held