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Message: Next Leg of Gold?

Can we put together some decent gold juniors to get into as a board?

eastmain resources (er) is a quality junior. although still in the exploration stage, they are loaded with cash, and every time they issue shares they are gobbled up by insiders, goldcorp (which owns 10%) and the funds. they own three excellent properties, one of which is a joint venture, in quebec where the provincial government rebates 50% of exploration expenses back to the company.

according to an old resource estimate, one of their properties has a million ounces of high grade gold, and the other two could turn out even better. er has been at this for a long time and management knows what it is doing. their stock nearly traded at $2 before the entire sector got killed last year. it sank as low as 50 cents, and now is at $1. you can hardly go wrong with this one.

i also expect gold to reach $1200 this year, perhaps as early as april-may, before we have some kind of summer sell off, which i hope won't be anything like last year.

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