EGA 0.00% 28.5¢ egan street resources limited

EGA have had quite a bit of recent success with the southern...

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  1. 10,813 Posts.
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    EGA have had quite a bit of recent success with the southern drilling campaign, but I guess not many people are looking at this. These extra oz will be very cheap additions to the current DFS since they will add to the oz per vertical meter.

    Yes EGA is in full orphan stage, but it is far further down in the trough than all its peers. The really unusual feature is the market has missed the lack of dilution to get to production. I don't know of any other developer in such a good position.

    I am fully committed to holding until production unless some miracle occurs and EGA gets some serious market interest. History suggests you are right, but with gold on the rise we could get some excitement back in the junior developer space. At least we won't go any lower
 
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