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


To: TheSlowLane who wrote (655)4/7/2010 8:38:41 AM
From: ogi  Read Replies (1) | Respond to 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.