EAR 0.75% 33.3¢ echo resources limited

Picked up a few more @ 12.5 earlier today. I'm banking on a bit...

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  1. 3,025 Posts.
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    Picked up a few more @ 12.5 earlier today. I'm banking on a bit of a run leading into Julius and Orelia and further interest on results before the CR. There is a fair bit of money set 16c+ so it's in best interest to get a raise much higher than current SP, where it has no right to be based on results from drilling campaign thus far.

    The sell side has really thinned out so maybe we are near the end of the tax loss sellers. Macro picture for gold remaining very strong. EAR is tailor made to be swallowed up by a big fish. A lot of these mid to large cap producers are cash boxes. The play on GOR has given hope of some M&A in the sector.
 
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