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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Post by LTGoldBullon Oct 18, 2011 10:56am
268 Views
Post# 19159031

Bad Junior Market

Bad Junior MarketA posted comment, "guys, I wouldnt be getting overly optimistic that the 43-101 will result in a big leap in our share price.I own 2 other Juniors who came out with their first 43-101's in the last month or so and both are sitting lower today than they were before the news came out, close to 52 week lows. Each was about 1 million ounces in their first ever 43-101 report. The companies are BHV and MBG. In this horrendous market for resource juniors,"

In a way you are right, since August this market has been brutal risk off with the ongoing European situation. Still some juniors are doing well or holding their own. I once was told,

Location, Location, Location,...most important. Your examples Columbia and Argentina. How about Location of Infrastructure. EAG gets 2 checks for Windfall in Quebec and Infrastructure location.

We'll see how Brad markets this, cheers, Mark
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