Originally posted by Liebherr
Thanks for once again reminding me to do my some homework b4 buying the quick buck, honestly much appreciated. As I said previously about a friend who was a scientist at Csl he has given me his views and I'm happy with that. Obviously won't post on hotcopper as it would be unfair to my friend. But if you like I can discuss further with you over email.
Just to chime in here - I don't really understand your comment around
"Unfortunately this seems to be another asx listed lifestyle company for director's, half price share price in 6 month's surely that's telling you something"
It is clear that management has full intention to proceed ahead with the mine...when compared to other mining companies EGA has made strong progress. Management has even been conservative within their DFS by basing it off a much lower reserve than indicated.
The only problem I see here is that there is not enough reserve to warrant a lot of market interest.
Cheers.