The market is a funny old thing especially down at this level where there are no instos.
I don't think EGA is a good company to buy into if you want a quick dollar and a whole lot of hype. On the other hand if you are interested in good project run well and you have the patience then I think EGA will provide a excellent return over the next 18 months. The team wants to mine gold and not the market.
None of the serious investors have budged and EGA has had no problem raising money. When the smart money is in and staying in then take notice.
Off topic my most difficult hold ORR finally broke free today after 10 months of doing nothing. If this is driven by them being granted a mining license by the Tanzanian government then it could really run hard.
EGA Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held