Gold Exploration in West Africa

[wazzock]

You are comparing apples & oranges FL.

EET is already a gold producer with the 100,000 oz/yr Samira Hill mine.
EET have a second (100% owned) mine under construction.
EET have two other mines in late stage exploration with >1MM oz proven recoverable reserves (and growing).
EET have 36 other high-grade properties in known gold belts.
EET have 1 billion tonnes of proven grade diamondiferous gravels in South Africa.
EET have sound management with 10 year track record.
EET have lots of working capital (around $30MM).

I'm sure Glencar is on the right track with good property in Mali and good luck to you with it, but you need to do a bit better if you are intent on company comparisons.
I notice that Glencar has over 230 million shares out - EET is around half of that.
EET has gold and diamond production already, Glencar does not.

Lastly, looking at results from a single drill hole is foolish.
You are mistaken in thinking that EET is doing "confirmation drilling of already-known assets" at Diba in Mali.
The recent NR announced results for the first two drill holes in this property and those were shallow RAB holes that ended in mineralisation at 60m depth. A diamond drill that can recover full core to 200m depth is on its way to the property.
We will talk later...

W~