Brien Lundin, in the February, 2016, edition of the Gold Newsletter, says hold East Africa Metals Inc., recently four cents. Mr. Lundin said buy in April, 2015, at six cents. A $1,000 investment then is now worth $666. East Africa recently released the results of a 16-hole infill drill program at the Mato Bula deposit within the Adyabo project in Ethiopia. Highlights include 19.5 metres of 21.6 grams per tonne gold (including 8.6 metres of 46.8 g/t gold) and 20.7 metres of 18.37 g/t gold (including 10.7 metres of 34.23 g/t gold). These results suggest to Mr. Lundin that Mato Bula has high-grade potential, but he would like to see what the next round of drilling brings. The stock is a hold for now.
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