EAR 0.75% 33.3¢ echo resources limited

You should be able to exit soon esh, probably within the...

  1. 2,285 Posts.
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    You should be able to exit soon esh, probably within the fortnight.

    I always appreciate your advice and candour and experience.

    We bought into this one at the same time, but I took a different tack, and bought right down to 10.5 cents, with an average now of 18c.

    I can't believe they pushed this right down to 10.5c in order to do a low ball capital raising, it shows just how much this stock is controlled and manipulated - but by who? I'd like to know.

    I think I'll hang around for a bit longer, new MD, new NST director on board, some better exploration results, and a rising gold price, so things are looking up.

    I might sell a few to lower my average down to 15c, and then keep an eye on the gold price, and the EAR exploration results.

    Some of the small gold explorers are beginning to show some life again. I've got good low averages on EMR, RED, and GMD - and I did a couple of stupid things and not pull the trigger on BRB at 20c and AMI at 25c when I watched them for so long, and then inexplicably I sold BGL at 25c ( damn stupid, had a brain fade that day, must be getting old - am getting old ! ).

    Let's see how long the gold price keeps rising. It's not much use predicting, the tape should tell us.

    Gw
 
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