Comparison ShoppingI was looking at our stock price and trying to find a mine that would be comparable to Eagle Hill EAG.V currently trading at .24. In my hunt I found Ventana (VEN.TO) currently trading at $13.30 and looked at it's trading and most recent strike. Here is the story on both
Ventana
Results continue to show expansion potential at Aserradero. The latest drill intercepts on this new zone returned more encouraging results with Hole 302 in section 0150E returning two vein intercepts of 8.0 metres grading 4.70 grams per tonne gold and 8.02 metres grading 4.84 grams per tonne gold. Hole 302 was drilled down-dip of previously reported Hole 294 which intercepted 5.0 metres grading 23.18 grams per tonne gold. Roughly 250 metres of strike length at Aserradero has been tested in the initial scout exploration holes and further follow-up and step-out drilling is in progress.
Exploration results from the two more holes on the La Baja mineral tenement continue to demonstrate that the La Mascota structure extends to the southwest and onto the El Cuatro mineral tenement. Hole 312 intercepted 24 metres grading 3.4 grams per tonne gold and 75.5 grams per tonne silver. Additionally, this hole intercepted 1.0 metre grading 1,000 grams per tonne gold and 330 grams per tonne silver. Hole 322 intercepted 19 metres at 4.41 grams per tonne gold and 85 grams per tonne silver. The higher silver grades in these holes provide further indication that silver grades are increasing to the southwest.
Eagle Hill
The new assay results confirm the presence of continuous high-grade gold mineralization in the recently discovered zone, intersected at shallow depth, between surface and a vertical depth of 100 meters. The results of the first three (3) boreholes include 18.82 g/t Au over 9.90 meters in hole EAG-10-241 and 53.64 g/t Au over 4.55 meters in hole EAG-10-243. Those two boreholes are drilled some 45 and 20 meters respectively to the southwest of previously reported hole EAG-10-240 with 17.36 g/t gold over 12.00 meters.
I could be wrong but our results look as good or better that theirs due to the fact ours is much closer to the surface. I believe some of the reason is our story has not been told to the right buyers. Now is when we need these pumpers to do their BS as much as I dislike them. Can anyone, whom has more experience (this is possibly everyone) comment and tell me why their share price is so much higher than ours?