There is lots of ‘mis-pricing’ in the small end. Seems very extream at the moment. I’m seeing some absolute rubbish getting bid up on nothing but hope of getting rich quickly. That’s frustrating when quality projects get looked over. BRB is a good example, recently as low as 50c because people got bored. It just takes one announcemt to remind people of the quality of some of these projects. Rothsay is small scale, but high quality. Hopefully the upcoming results, plus the DFS shines some light on the value here.
CMM another example, got down to 5c, which was complete madness.
Or DCN in May at $1.50, also difficult to understand why.
EGA Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held