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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by gold_Gold_GOLDon Jun 05, 2014 12:23pm
162 Views
Post# 22633699

RE:RE:RE:RE:RE:Taken 6 weeks to raise $384k

RE:RE:RE:RE:RE:Taken 6 weeks to raise $384kSorry let me clarify.  he mentioned 25,000 metres is what he thought they needed to start putting economics behind the deposit.  he didn't say that's what they needed to get to a Feas study.  You are certainly correct - they need way more drilling before a full feas study is needed.  That number was mentioned at PDAC, not during the webcast but after.

My guess is they want 1 mill ounces, around the same grade in the measured category - perhaps then you can start talking about how economical this could be.  

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