Value Microcaps Free-For-All

[bbotcs]

EGLF.ob

This company is a dilution machine. They don't have any cash to speak of.

Sure, ALDA was a great play, but the O/S count is something like 5 or 6M. EGLF's is closer to 80+M if my memory is correct.

EGLF trades at a dime for a reason, and that reason is called dilution.

Another issue--the scandium. They get it from Russia. There is no guarantee that the supply would not be cut off at some point. If they got it from Candada or Mexico, there wouldn't be as much risk.

I'll put my "funny money" into NCNC. Much safer bet, imo.