Eagle Graphite Inc V.EGA.H

Eagle Graphite Incorporated is a Canada-based company, which is involved in the acquisition, exploration and development of mineral properties. The Company owns the Black Crystal Graphite quarry. The Black Crystal Graphite is located approximately 35 kilometers west of the city of Nelson in British Columbia, Canada, and 70 kilometers north of the state of Washington. The Black Crystal Graphite is a constructed graphite quarry with production history in Western North America.

TSXV:EGA.H - Post by User

Eagle Graphite Inc

Bullboard Posts

Comment by ticktalkeron Mar 19, 2006 10:07am

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Post# 10530513

RE: Vivian's comments;

The stock moved 14% this week and has moved up over 50% from its recent lows. This has not only been happening without news, but in a climate where we don't have a lot of cash, the resource estimate was first expected in December and where Stroud's progress has also been behind schedule. Based on these facts I think we should be near 52 week lows rather than the 52 week high on high volume that saw on friday. So, it is a very safe bet that things are going on behind the scenes. I do not expect any big one day gains unless news is released. If this happens the TSX will halt the stock and demand an explanation from the company. I think this stock is being moved by professionals who are not that dumb. The longer this stock makes 2 and 3 cent daily moves the better it is for those of us who bought early. If the stock does jump on news, it will be from a higher level and if news does not reach expectations or does not come there will be more of a cushion for those who bought low. I am very optimistic, but I am done buying. I am now looking forward to a selling opportunity