Tuesday, July 26, 2011

Dear Lobito: Are we allowed to stop buying East Asia Minerals (EAS.v) yet?

Or is the July 2011 Casey Research advice still good? After all you did say that:
"We believe the first pass resource will grow rapidly and continue to see the recent sell-off as an opportunity."

Or pray tell, Mr. James, does the fact that the Pres/CEO of EAS.v, Michael Hawkins, has resigned this morning change anything?
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2011) - East Asia Minerals Corporation (TSX VENTURE:EAS - News) announces changes to its management structure, effective immediately. Michael Hawkins has resigned as CEO-President-Director of East Asia, and is replaced by yada yada continues here
Mind you, it's hardly important, is it Lobito? After all it's only a 56% loss 57.7% loss (updated after the bell) in the three months that you've been reco'ing this stock and these minor details are best forgotten round Casey Research, aren't they? So just take the advice of your controller at Casey, deny everything and never apologize. It's the American Way after all.