Highest weekly volume for this year. CR seems to have injected a little liquidity. I'm hoping that some positive drilling news will break EGA into a new all-time high above 34c and attract some fresh investors.
EGA now has 601 shareholders, up from 392 last year. Interestingly the number of listed option holders has dropped from 258 to 225.
Now, this is what NST shareholder numbers looked like:
2009 = 624
2010 =1101 (purchased Paulsens mine)
2011 =2674
2012 =5533
2013 = 8400
2014 =8435
2015 =9643
2016 =12341
2017 =13938
There seems to be a strong correlation to price which makes sense of course, you need to attract new shareholders to push the price up.
View attachment 785259
This is what Paulsens JORC resource looked like when they bought it (had been mined to about 400m depth).
