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Hello Ron;Here is one company that i see no one talking about on any threads,it has a low share float;<4,000,000/shares.This co,has proven reserves,approx,two years of mined orr sitting on heap leach pads.Proving up more reserves,and joint venturing in other projects,making money,approx,.31/share profit,low if not any debt whatsoever.The shares of this co,are tightly held,not very many changing hands,daily volume is very low.People talk of some of these juniors having fundamentals,well this co has fundamentals just like what the word is supposed to mean.I find in todays spec, market people are kind of forgetting what fundamentals actually are,most junior mining co,do not have fundamentals,they have a lot of hype,paper and hopeful dreams and sometimes they do have moose pasture to boot.The above company i am talking about is Electra Mining,ELC/VSE.Check them out Ron if you can get them they will be a good hold,some volume on Monday,3000sh@$1.20.The price has been drifting between 1.05 to 1.25 now for some time now.Earliar in the year it was as high as $1.80/sh,when the price of gold was much higher.I've owned some shares in ELC for about a year now and when it has dropped down i haven't been able to pick any more up,but i've been low ballingnot to aggressive so i missed.With regards Frank.P.S. I have more if you would like to hear. |
