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To: Veteran98 who wrote (202775)	8/22/2011 5:21:15 PM
From: LoneClone	Respond to of 313036

Even though they bungled Miwah badly, I still like EAS's other copper porphyry projects in Indonesia. LC

To: Veteran98 who wrote (202775)	8/25/2011 12:04:34 PM
From: Veteran98	Read Replies (1) \| Respond to of 313036

EAS still moving higher up to 1.34 up .20 ...... Canaccord has a 2.80 target on it....... EAST ASIA MINERALS CORP. (EAS : TSX-V : C$1.05 \| HOLD) Wendell Zerb, P. Geol 1.604.643.7485 Gabriel Gonzalez 1.604.643.7529 Figure 5: EAS : TSX-V Figure 6: EAS : TSX-V Shares O/S (M): 83.5 Shares FD (M): 87.1 Working Cap. (M): C$18.4 Market Cap. (M): C$87.7 Co. Website: www.eaminerals.com Past 12 months – purchased: $526,151 Past 12 months – sold: $3,431,086 Since Aug. 11/11 – acquisitions: 10,000 shares Source: Company reports, StockCharts.com Source: INK Research East Asia Minerals is a Canadian mineral exploration company whose primary focus is gold and gold-copper exploration in Indonesia. East Asia's key asset is its 85%-owned Miwah project, located in Aceh Province, northern Sumatra. East Asia spun-out Barisan Gold Corp. from its portfolio in mid-July. It is anticipated that Sangihe Gold Corp. and East Asia Energy Corp. will also be spun out of East Asia upon further regulatory approvals. • Last week, the company provided a corporate update that re-established the company’s short and medium term initiatives. The company’s share price has been under pressure reflecting a number of concerns that we have outlined over the last year. In addition, company President Michael Hawkins recently resigned, bringing further speculation of long term issues relating to EAS. Alex Granger has been appointed President and Darryl Clark CEO. • Important details outlined in the corporate update include: East Asia has completed 11 drill holes at Miwah since the initial resource was calculated in May 2011. The company has suspended all surface exploration at Miwah and plans to re-focus its activities until the process to reclassify the forest designation, to allow open pit mining, is in order. Metallurgical work is, according to EAS, “advancing”, and is expected to be completed by the end of 2011. Economic studies at Miwah are continuing. • At Sangihe, (70%) 17 additional drill holes have been completed since April 2011. Highlight drill hole BID083 returned 64.25 m grading 0.44 g/t Au and 14.32 g/t Ag. Exploration activities have been accelerated recently, despite the anticipated transfer of assets from EAS to Sangihe Gold Corporation. EAS plans to start pre-feasibility and environmental studies at Sangihe shortly. • EAS states it will conduct an exploration program to identify new drill targets at its Tangse Project (80%) in Indonesia. • In Mongolia, a summer 2011 drilling program is planned with the objective of further advancing the Enger, Ulaan Nuur and Ingenii-Nars projects. • Our valuation for EAS reflects the spin-out of Barisan Gold Corp. and expected spin-outs of Sangihe Gold Corp. and East Asia Energy Corp. Our 12-month target is C$2.80 based on a US$75/oz Au in-situ value applied to East Asia’s attributable gold equivalent resources at Miwah. An analyst has visited the Miwah Property held by East Asia Minerals Corp. Partial payment or reimbursement was received from the issuer for the related travel costs. Investment risks The commercialization risks associated with mineral exploration and development are high; thus, investment in the shares of East Asia Minerals Corp. is for risk accounts only.