We are talking about a company:# With MC under $6m.# Generating...

We are talking about a company:
# With MC under $6m.
# Generating some income (around $1m)
# Adminstrative expences trimmed down.
# "Smallish" number of shares (268m)...not billions like some.
# Not too loosely held ( Top 20,including EGO,hold upwards of 60%)...I doubt that EGO will be a seller any time soon.
# Multiple projects in attractive locations...Free carried with decent interest in some.
# Tanzanian interest could well be worth upwards of $10m if divested.
# the mere "shell" is worth a couple of million.
# Tecnically looking attractive with favourable risk/reward & some subtle signs of impending reversal of the prolonged downtrend.