So Why Would He Resign?, page-36

That is only possible if shareholders sell their shares at ridiculously low prices. NST did an Analysis and decided the share price of 30c was a bargain so they bought a huge chunk. The value of EAR has not diminished since that time. In fact it has increased due to favourable BFS. As the gold price is now going up, the value of EAR is also increasing. The financials in the BFS are only getting better! The very short payback period of 12 months shown in the BFS is likely to get even shorter as the price of gold increases. Shareholders selling now are doing themselves a big dis-service. In my opinion of course. Everyone needs to do their own analysis and research and take these into account when making decisions