OTCQB:FGPHF - Post by User
Comment by
PIPPYLONGSTOCKon Feb 19, 2013 2:07pm
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Post# 21011220
RE: RE: Bash and buy guy at work
RE: RE: Bash and buy guy at work You have to remember it's not always about cash in the till...When EGE is ready they will be able to raise anything they need..The interesting thing about Eagle Star is the location and amount of high-grade that looks to have been discovered..In Brazil this is very rare and allows the company to extract at very low cap-ex and op-ex generating very high profit margins. The market is at their doorstep and a neighbor (MbAC) right beside them moving into production. Eagle Star is a very low cap-ex short route to cash flow story, and thats without even talking about being a takeover candidate. Im buying on the slight dip and expect this 43-101 to lend a huge hand in valuation not to mention production by Q4...
Cheers,