Eagle Energy Inc T.EGL.UN

I believe

[Yemen]

that mgmt at times has stock accounts with various brokers to feed into the market small amounts of stock to temper a fast rise.  If you will notice on the days when Canaccord was selling they were doing so at 100 or so shares every 2 or 3 minutes.  I just watched the sellers through their numbers and when it appeared that the program selling had ended, the stock would naturally rise a bit faster as demand for Eagle overall still remains strong due mainly I suppose to the mgmt, the oil reservoir's long life,  and the possibility of acqjuiring a second property, either adjoining or in another state.

We may see a stock offering still at 10 or possibly 11 or 12 to pay for a new acquisition.  All things being equal at present, a dividend increase looks a possible, but Mr. Clark informed me that for the time being that will not happen.  He could not, of course, tell me why not, but it would be probable that they are conserving cash for another acquisition.  At least I am hoping that that is the case as it is certainly on their priority drawing board.