EGA 0.00% 28.5¢ egan street resources limited

Rothsay History, page-40

  1. 7,325 Posts.
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    Someone dumping today, with such thin depth, small $ value trades can move the price a lot. i.e $30k of trades and the MC is down $1.5mill!

    At MC $13.5 mill this does look good value. Not sure why people are so keen to jump ship?

    I just keep thinking of KIN, one day on one wants you, the next up 70%. All it takes is the drill bit to be kind...

    EGA is in a similar position to KIN in that they are progressing feasibility studies as well as exploration, any discoveries for EGA can add a lot of value. Just need a little luck!

    So on a rough day for EGA shareholders, with the SP hitting a new low, it's good to know there is hope and good reason to believe things will get better
 
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