SI
SI
discoversearch

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 : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (26461)11/27/2006 7:58:01 PM
From: hank2010  Respond to of 78419
 
Yeah, Bob is a classy guy! knows his stuff, too.



To: koan who wrote (26461)11/27/2006 8:51:11 PM
From: LoneClone  Read Replies (1) | Respond to of 78419
 
Koan, I took another close look at EDR today and it's still a great opportunity in my opinion, even after the recent run from the low 3s.

The fundamentals look excellent, even without official reserves:
-4 rigs drilling
-43-101 compliant resource estimates for Santa Cruz and Porvenir coming Q1
-new mill fully operational
-replacing mining contractor with their own employees by ye.

As long as silver prices hang in there, and I think they will, EDR could easily hit $10 sometime in 2007 IMO.

LC