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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by Tumbleweed67on Nov 22, 2012 7:26pm
231 Views
Post# 20633887

RE: One of many

RE: One of many

The only way Noront can regain title is if EAG fails to meet the remainder of the option agreement.

 

The real concern, IMO, is if NOT exercises its right to require EAG to fund NOT's 25% to take this to production.

Yes, EAG eventually gets that $$ back, plus interest, but that's gonna be a lotta $$ to come up with. I'd rather NOT ponies up from the start. But really, why would they?

 

JMO

TW

 

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