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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: andrew r harwood who wrote (2904)3/4/1999 6:54:00 PM
From: CLK  Read Replies (1) of 3335
 
You have been right in your general market comments and I have appreciated them even though I have sometimes felt I was the target. I will say that at this point in the cycle, I think EAS is a buy again. Not a buy on the offer but a buy on the bid at under .25 cdn. I say this because at this price the risk reward ratio has again become positive. This is always the issue rather than the absolute values involved. It does not appear the company is in any danger of disappearing and all the fundamental reasons to speculate on owning it remain in place and furthermore the price is now near or at it's all time low. I believe speculators should be bidding at .22 or less and hoping to pick up some distress sale shares at this level.
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