Eagle Energy Inc EGRGF

I like the US dollar play.

[Yemen]

Sme say to convert some of your holdings to US dollars.  EGL provides a back door way of doing just that.  We get paid in US dollars, but then converting to Can, we get 1.03-1.05 Can on conversion.

I see huge $14-$18upside for this stock and possibly a 25%-35% increase in dividend in the short term4 and perhaps a lot more when they develop a second field.  I am also very pleased to see them now take over the operatorship of the field as per their original intent.  More accumulation to the bottom line.

I had heard that they were negotiating on a nearby field similar to the one that they have now.  Any word on where they are with that negotiation.?