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

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To: TheSlowLane who wrote (655)4/7/2010 8:38:41 AM
From: ogi  Read Replies (1) of 2456
 
I agree TSL. I do think EAS have our best interest and theirs in mind, as evidenced by the progress and resistance to dilution.
The concerns are in regard to a preemptive takeover and our inability to know just what is there in that case, without a resource calc and without any, or only limited drilling outside of Main Miwah.

I don't know just what control management has over a fairly large float and that can be pivotal in any T/O fight. My main point was :

""On any takeover there should be some upside for the acquiring company but I don't want to end up giving away more than what I am being paid for.""

Given what we believe the potential is, EAS must significantly advance the project before we gain gain some comfort with how big this could be.
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