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Congo Mining

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Congo Mining

Re: goldismoney1 post# 58003

Thursday, 12/01/2016 4:17:08 PM

Thursday, December 01, 2016 4:17:08 PM

Post# of 63744
Well...this has always been a boom of bust proposition for us. If we didn't get a continuous mildly upbeat tone form IR then I would have sold my entire stake.

I brought my count down to 300k also and put my sale proceeds into EGO.

Take a good look at EGO's balance sheet and the projects they have coming on line. After their recent sales of China Assets they have almost pro rata $2 per in cash. I think their downside is limited and if they did go down I'd buy more.

Do some DD on EGO
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