When asked if we will see a repeat of the mania from late ’79 early ’80 where the share prices of some juniors skyrocketed between 34,000% and 542,000% in price Embry replied,

“I would say unquestionably. I have been quoted a few times saying 5 and 10 baggers will be commonplace but I honestly think that this thing is big enough that we will see valuations at stupid prices, the likes of which we haven’t seen since the internet craze. It will be of that magnitude I believe before this thing runs its course.”

This would be beyond my wildest imagination. A 34000% increase in price applied to ECU would be 340 x $1.15 = $391 !!!!!. I will have sold long before that, then left the board for good, lest I read about the insane price increases that I missed.

Have a bright Black Friday tomorrow. LOL

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