Jim,
Good for you, reporting your phonecall to the Tasmania phone number. He sounded sincere. He could not tell you what to do, or what they found, but he told you he wasn't selling. I appreciate the info. It tells me, same as you, that if the workers are keeping their shares closely held, they may have found oil and they think the stock will rise.
I have been disappointed with managements lack of updates on the drilling. It was to start mid April. BUT - if they have found what they expected, they have to take it to the lab to be assayed, plus they may be taking the time to solidify their investors who will finance ongoing drilling, prior to release of the news, when the stock will rise.
Frankly, I was a little surprised also that EEGC did not rise with therise in oil prices before just now. This is not a oil price play, it is a discovery - added resources play, which is better.
Go EEGC!
