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Re: Picassa post# 49

Sunday, 04/03/2011 11:28:46 AM

Sunday, April 03, 2011 11:28:46 AM

Post# of 105
They have many properties with many different commodities. Oil, Gas, Gold, and unexplored. Here is one opinion.

Bob Moriarty, 321gold (02/10/11)
"EurOmax has made a lot of progress in the last two months. . .[and] made an announcement on Feb 8 that should serve to put a floor under the shares and show investors it is forging ahead. EOX reported a new 43-101 resource of 2.1 Moz. gold at the Trun project in Bulgaria. The deposit is open on three sides and the resource will expand as the company does more drilling. . .With a current market cap of only $43M, the stock is a safe investment if you like the future of gold."

I have my own but I agree with Bob's assessment.

I got in when it was really cheap but this is still a very safe entry point. IMO

It's all happened before and it will all happen again. Might as well profit from it.