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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by tomgraniteon Jun 05, 2014 1:05pm
178 Views
Post# 22633913

RE:RE:RE:RE:RE:RE:RE:Taken 6 weeks to raise $384k

RE:RE:RE:RE:RE:RE:RE:Taken 6 weeks to raise $384k
People are missing the point that the PP at 5c was to raise cash for ''working capital'' and not necessarily drilling. SA put in $1mil via flow through raise in April which I am sure is ear-marked for drilling and they had about $1mil left over from the flow through raise done at Christmas last year. That probably gives them around $2mil for drilling, unless they dig in to the working capital. However if they do that, another PP will be coming up soon.
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