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Most likely it is just some muppets selling out because...

  1. loki01
    10,469 Posts.
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    05/09/11
    17:39
    Post #: 8918745
    Most likely it is just some muppets selling out because production is still 5-6 months away and in the meantime anything could happen.

    Drilling results from Ecuador are also some months away.

    The only thing happening soonish is a listing on the TSX - this or next month.

    Some of the selling may be related to the need to raise funds for the options that are to be converted by end 2011.

    loki (just another muppet EVG goldbug)
    EVG Price at posting: 17.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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