V.EGG - Ebony Gold & Gas Message Board

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Gold/Mining/Energy : V.EGG - Ebony Gold & Gas

EGG 5.470

+0.2%

Feb 11 3:59 PM EST

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To: Tom Mcdonald who wrote (594)	5/27/1997 5:13:00 PM
From: ROY PHUNG	of 1088

Hi Tom we see lots of buying today with news just right around the corner. A good sign this release is going to be positive. One only has to look at the strong fundamentals of this company to understand what a great opportunity this is in a weak market. Today we see EGG breaking out of its usual trading pattern on increased volume. Just read the past 50 or so posts on this thread and recent news releases and understand EGG is far undervalued right now and could gap up very quickly. EGG is poised to release some very positive news with increased production and financing. They have been quiet this month but the "rumored" talks are just about complete and we will soon see EGG acquire some important assets to aid in their upcoming drill program. Furthermore, If you look at the insider trading report, there is NO evidence that the insiders are selling EGG shares but in fact they have been accumulating them months ago. They MUST move the share price much higher to reap huge profit for themselves. Also if you look at a CEO's involvement in the past projects, they were all sucessful. My due diligence on EGG indicates that it has a very solid upside potential and the downside risk is very minimun. EGG is clearly a good long term safe play as far as I know. Best of luck Take care

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