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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by dudediligenton Mar 29, 2010 7:09pm
482 Views
Post# 16937185

RE: MANAGEMENT

RE: MANAGEMENTNext  results....from the Mar 17th NR

The new results listed above are preliminary results from a 10,000-metre drilling program currently under way at the Windfall Lake gold project. Assay results from the whole program will be released as they become available.

Patience grasshopper!

And the tickler....

"We're very pleased with these initial results which exceed our expectations and confirm the bulk tonnage potential of the Windfall gold deposit," explained Brad Kitchen, president and chief executive officer of Eagle Hill. "These high gold grades over such wide intercepts will quickly add to the potential gold resource at Windfall Lake."

There is less and less risk as we scale down to these current price levels. If by chance the next set of assays are not up to expectations you won't get clipped as bad as the holders of EC.V when news broke of NO GOLD. They were trading at 75 cents and took a 35-40 cent shalaking. We might be exposed to a 10 cent drop here at most as we have already hit gold big. Not much chance you will see this below the 50MA of 22 cents again IMO. We are now sitting at the 20DMA. I see a bounce from here. 30DMA is 27 cents in case your wondering.

Relax and enjoy the show!

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