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Eagle Graphite Inc V.EGA.H

Metals & Mining Industrial Metals & Minerals Graphite
Eagle Graphite Incorporated is a Canada-based company, which is involved in the acquisition, exploration and development of mineral properties. The Company owns the Black Crystal Graphite quarry. The Black Crystal Graphite is located approximately 35 kilometers west of the city of Nelson in British Columbia, Canada, and 70 kilometers north of the state of Washington. The Black Crystal Graphite is a constructed graphite quarry with production history in Western North America.


TSXV:EGA.H - Post by User

Eagle Graphite Inc
Bullboard Posts
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(4)
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Comment by dashriprock1234on Mar 22, 2017 8:26pm
142 Views
Post# 26017565

RE:RE:No dilution.....yet.......

RE:RE:No dilution.....yet.......
Of course dilution is coming. There is no other way to fund this type of company. To my knowledge though, these people have been very frugal with salaries etc. The $20,000 sounds like it is part of the purchase agreement to allow the seller to remain connected. Whether that is for expertise, contacts, or just another form of compensation I cannot do more than guess.

Dilution is not always bad. What can be worse is a company having access to no funds and ceasing operations, that is worse than dilution.

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