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Bullboard - Stock Discussion Forum Eagle Plains Resources Ltd EGPLF


Primary Symbol: V.EPL

Eagle Plains Resources Ltd. is a Canadian based mineral exploration company operating in Western Canada exploring for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Its business is engaged in acquiring grassroots critical-and precious-metal exploration properties. Its projects include Acacia Project, Iron Range Project, Kalum Project, Vulcan Project... see more

TSXV:EPL - Post Discussion

Eagle Plains Resources Ltd > Let’s go back in time
View:
Post by NineLives on Dec 30, 2022 8:56am

Let’s go back in time

In 2007 Eagle Plains took a controlling interest in Apex diamond drilling. Looking back that was a very astute move as demand for crews and drills has soared in BC as exploration heats up, especially around the Golden triangle.
Something I want find out is how many drill rigs they have ?

Takes me back to the time when EGD Energold drilling had portable drill rigs and the stock went from 12 cents to $5 plus. Unfortunately that company went bankrupt (it was badly run, an accountant at the helm).

With the management at EPL really being into the exploration side of the business I can see Terralogic bringing a lot more revenue into EPL as we go forward and if it expands to suit ongoing demand then the skies the limit. Most people I talk to see EPL as just a project generator, it's a lot more than that.

Comment by Grassyknoll on Jan 02, 2023 2:15pm
Mariarty understands the situation: "Based on last Friday’s price for EPL at $.185 that gives the company a total market cap of just over $20 million CAD. Given the blue sky potential of a possible Sullivan discovery and a single royalty on Banyan gold worth $47 million over time a valuation of $20 million seems absurd. When you figure in $10 Based on last Friday’s price for EPL at $.185 ...more  
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