They have a low tight float as well... However it does average more dollar volume traded than BULM, which is not very hard to do. lol... At least it trends up and down and not sideways for months.
There does not appear to be any fear of dilution with $45,000,000 cash and most of their projects being funded by some of the largest companies in the industry. I betcha this is what made the difference to BULM insiders, compared to the last time they offered.
A good volume spurt and it could see a big spike... Lets see if it holds over the 200 MA and bounces off the 2.50 support pivot... Im thinkin it will continue to trend up with the sector, even with low volume... which is something BULM has a hard time doing.
If Eurasian climbs higher and BULM does not, it will provide a good op to buy BULM shares and gain a larger holding/profits in Eurasian
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