There is certainly plenty of potential pitfalls ahead (we are at the spec end of the market), but with the amount of drilling EGA will be doing over the next six months in what is basically a unexplored resource below 30m gives me hope that we might get lucky. If there is serious gold at Rothsay they should find it. Management appear to want to find gold, not just line their pockets at the expense of the shareholders.
You don’t have to win them all, just have more wins than losses.
EGA Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
