Bullboard - Stock Discussion Forum Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s): EGPLF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:EPL - Post Discussion

Eagle Plains Resources Ltd > EPL

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Post by NineLives on Jan 22, 2021 4:52pm

EPL

Goes up on heavy volume, drifts back lower on small volume... all very strange
It would be really nice to see a stock buyback, just a couple of million shares to clear this overhang.... they have the cash.... just saying ....

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Comment by Thedude12 on Jan 25, 2021 1:09am

I actually exchanged emails with someone there about this. They aren't even considering it, and a professional stock analyst friend of mine said it probably wouldn't be legal for EPL, considering the low volume and big bid/ask spread. Buybacks have to show that they won't directly impact the price (more than just the change in dilution, at least), or they won't be approved.

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Comment by HornbyBay on Jan 25, 2021 4:30pm

Eagle Plains has been steadily building value, but I don't thiink the current share price accurately reflects it. It's probably going to take some good drill results at one or more ot its projects. I believe the drill results from Olson (with SKRR) should be almost ready. Also, there are other programs which should release results this year. It is frustrating to see ...more

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Eagle Plains Resources Ltd