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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by tomgraniteon Sep 18, 2014 12:27pm
126 Views
Post# 22948359

RE:RE:PEA contracts awarded

RE:RE:PEA contracts awarded
seanmac12 wrote: And the costs? They will need more cash here.


Nope, they are fully funded for this. By my reckoning they should have enough cash to do some more drilling if need be. Next raise will be after the PEA is published in Q1 next year. Big question is can they shift the SP upwards in order to avoid cheap dilution. Results are out soon, I expect one of the holes will be a corker, but will it be enough to get the price moving upwards, I doubt it in this climate.
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