Special thanks to SSKILLZ1 for posting this originally in #msg-9349347
"EZM- Highlighted DD Post
As I said, there was one stock, I brought this week even with the negativity I have with the markets, and that is EZM. This is a very undervalued miner, and revs are clearly ramping up here as you will see.
Revenues: Q1: 63.412 Million Q2: 58.767 Million Q3: 75.212 Million
Net Income: Q1: 18.558 Million (.04 a Share) Q2: 13.834 Million (.03 a Share) Q3: 25.297 Million (.05 a Share)
Stockholders Equity: Q1: 162.216 Million Q2: 168.315 Million Q3: 196.785 Million
As we can see they had a little drop in q2 sequentially compared to q1. But look at the most recent quarter, where revenue jumped sequentially by 27.98%. And Net Income grew by 82.86% sequentially. It is extremely possible that this company could start putting out .06-.07 a share in earnings (And the earning are taxed too, not at as high of percentage that we are use to, but that could be, because of where they are located. Now to compare this stock to NXG over $2.00, and I believe NXG earned .04 last quarter, and revs were down Y/Y, I'm not saying that NXG or TGB are overvalued, Because they are both relatively good investments at there current prices in my opinion. However, The comparison was to show everyone what a good investment EZM is, and quite frankly is should be over $2.00 in a couple of months in my humble opinion.
Technically: There is resistance in this 1.30-1.33 Area, once we clear there, I think we get free sailing ahead in my opinion, I'm personally planing to add more when it breaks resistance, but it may still be another week or two away, and may even have to come all the way down to the gap at $1.19, before we run up, in the end this stock is the first stock that has ever got me this excited in the mining sector and that is no small feat considering how negative I am on the market right now. Hope you enjoyed the post on EZM."