KD:
I would say that Coal Miner is hopeful it will be $0.10 by next week, here is his statement: "We might be at .10 in a week!". I, on the other hand, strongly believe we will see news near term. Have you noticed the volume lately, evidence I am not the only one believing this.
If EUTRO releases news they have another deal done, this means we will be getting some more shares for free in addition to additional income to EUTRO.
If we get news that EUTRO has resolved the 50 mil. share issue, the float will be reduced and Eutro may end up with revenues as well.
Granted all these points are proceeded by "IF", that is why some people have started to accumulate shares, should the "IF" dissipate in either or both cases, those who accumulated shares at $0.045 will make more money than those who waited for the day the "IF" dissipated and then at which point they join the crowds chasing the MM's rapid price increases trying to accumulate shares.
The news releases I speak of are what we are hoping to see, they are what shareholders here on SI have been asking for and predicting will come about. There has been no confirmation or denial from EUTRO, they are playing things close to the vest.
So, I guess the reason I bought more shares today and the reason Coal Miner thinks we will be $0.10 soon, it is because we are getting indications news is coming and buying is coming into the stock.
I wish there were clear indications that this stock would be $0.10 next week and clear indications that news was actually coming for sure.
Why don't you give Brad at EUTRO a call (561) 575-3520, he should be in his office tomorrow. Several of us visited him in Jupiter, FL., he made it clear, investors are always welcome to stop in for a meeting.
They are rather busy, so you need an appointment.
Hope this answers your questions.
Robert |
