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Strategies & Market Trends : Beat The Street With SI Traders

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To: Rocket Red who wrote (7823)	8/25/2009 1:25:57 PM
From: ogi	Read Replies (1) of 233947

Do not forget that the EAS high grade is coming on top of an already defined ( although non compliant) 1.3 mil oz resource from 1997 drilling. Some high grade at surface but too early to say it does not exist at depth, ity extends laterally for hundreds of metres so far.. Coffin Bros mention possibility of 5-10 mil ozs, may never happen but they are not dismissing EAS as a pump. We continue to disagree on this one Rocket :) Dumped the NET.v pump shares for a $500 loss. It may happen yet and the downside can't be too bad but I actually picked up a position in EDG @.16 instead. Close to Rattlesnake with some seasoned Mngmnt on board that hold at least 50% of the shares. Two of the board bought 90% of the last finacing, which was dillutive but they kept it close to home. Out of CLQ again for a wash.

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