East Asia Minerals (TSX-V: EAS) - So I'm back at square one
Matthew Gordon, Ptolemy Capital
6 Months ago
Interview with Terry Filbert, CEO of gold explorer, East Asia Minerals (TSX-V: EAS)
East Asia Minerals is a TSX-listed gold and precious metals developer with two assets in Indonesia: Sangihe, and Miwah, the former flagship asset that gave East Asia Minerals a C$600M market cap. The market cap is C$3M today.
When it comes to East Asia Minerals' fall from grace, Filbert is pointing his finger. He blames self-interest promoters who squashed the stock by trying to take the company over. It's been a tumultuous ride for East Asia minerals over the last 5-years or so, involving multiple CEOs, deals falling through and the suspension of Miwah because of forestry licencing issues. Filbert states the company has over US$20M of drilling data. The market is giving zero credit for this.
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.