East Asia Minerals (EAS.V) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : East Asia Minerals (EAS.V)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 3bar who wrote (622)	4/5/2010 7:20:58 PM
From: ogi	Read Replies (2) of 2456

Agree far too early to talk takeover but that does not prevent an offer from emerging. Also keep in mind diminishing returns for discovering additional ozs. At some point you get no increase for additional ozs once a certain mass has been established. ie you get to 10 mil ozs and there are probably 15 but hey those extra 5 would not come out of the ground for 20 years, that is part of the blue sky the acquirer gets!! Exploration is also always ahead of "proven" ozs so you never get paid fully for what has been drilled off. As for 20- 40 mil ozs, I have no idea where you are getting those numbers at this stage. I think it is remotely possible, EAS could get to 20 but that is so far away from what they have currently drilled it is not worth talking about until we have some better indication of what lies where outside Main Miwah.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next