I don't think EGA will ever have any real insto support as the scale is just too small, but that doesn't mean it won't throw off a buckload of cash.
The question I am interested in is can they raise the money needed to build the mine (almost certainly yes) and can they mine at cost basis that will make money (likely yes, but anytime you are underground there is risk).
The market has valued the EV of EGA at $17 million. Does anyone think that seems overvalued given the DFS, let alone the upside?
EGA Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held