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Gold/Mining/Energy : East Asia Minerals (EAS.V) -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (649)4/7/2010 7:44:09 AM
From: TheSlowLane  Read Replies (1) | Respond to of 2456
 
All good points, ogi. As far as what we might eventually get for this, it is imo not just about greed but about fairness. We take on a large amount of risk investing in these companies and the gains should be proportionate. We have seen plenty of deals that seemed too cheap so it is a concern. That said, my sense is that these guys are pretty savvy. They could have done a big, dilutive financing months ago but they appear determined to get the stock higher before taking in any cash. That bodes well for the end game, imo, but is just an indication not a guarantee. It would be a shame to discover a truly world-class deposit and then give it away but I don't think that is the plan here. Not mine anyway. <g>