it is difficult to draw any conclusions on east delta since the stock is thinly traded and if it sells on the offer it will be basically unchanged from the price after the purchase of Bolivian O&G rights. For all we know fmnj may be a seller to raise capital for the Escala mine. With the price of gold moving up, I wouln't be surprised if edlt spiked up with the industry as a cheap play on Chinese gold. I urge patience as the industry and economic inflationary climate may filter down to nice moves for the smaller plays.
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