GREY:MAOMF - Post by User
Comment by
Goldflowon Mar 11, 2013 5:14pm
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Post# 21112818
RE: RE: RE: RE: RE: RE: Eagle Hill CEO January int
RE: RE: RE: RE: RE: RE: Eagle Hill CEO January int What do you mean the EAG had the option to buy out Noront, but chose no to do so. Why should this matter whether they wanted to buy it or not? The ORIGINAL agreement was to do this drill program in a joint venture with them, so obviously since the beginning, EAG planned to do it with them, so why would they want to buy the entire property from them? And who said EAG can't afford to buy out NOT's interest? Raise a bit of capital through dilution (who cares if we go up in shares outstandsing as this property has potential for serious profits) or even start up another joint venture. You guys on the stockhouse MAO board love to twist words, and say EAG is too poor to afford production, but when the time comes, you know it's true that they CAN and WILL be able to afford production. EAG has been putting many years and money into Windfall Lake property, so they obviously intend to start up a mine. You think they wasted over $30 million dollars on drilling, just to sell their property for less than that and make zero to negative profit over the many years? Does that make any sense? Obviously not.