Eagle Plains Resources Ltd V.EPL

John Kaiser opines

[Grassyknoll]

Suite 200, #44 - 12th Ave. S. Cranbrook, B.C. VIC 2R7  Ph: 866 486 8673 Fax: [phone]
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Kaiser Research Provides Recommendation Strategy For Eagle Plains Resources

Kaiser Research Online is an unsponsored information portal focused on all resource sector companies listed on the TSX-V, TSX and ASX.  Company profiles are free but access to the Kaiser Research Spec Value Hunter picks require an active membership.  To learn more about becoming a member, visit the Newcomer Orientation page.  Follow this link for free access to the Eagle Plains company profile. 

Below is a snippet of Kaiser Research's most recent coverage of Eagle Plains Resources and its proposal to  spin-out Taiga Gold Corp. 

Eagle Plains Resources Ltd was recommended as a bottom-fish accumulation target below $0.10 on December 31, 2015 based on the junior's successful history religiously deploying the prospect-generator farmout model since 1995. Effective January 15, 2018 I am upgrading Eagle Plains to a Good Relative Spec Value Buy at $0.245 with a $0.50 target by Q2 of 2018 premised on the future value of the Taiga Gold Corp spinout and signs that management is considering losing at least some of its religion. Headed by CEO Tim Termuende and Exploration VP Chuck Downie, the Cranbrook based company specializes in researching and acquiring prospects in British Columbia, the Yukon, Northwest Territories and Saskatchewan which have undergone past exploration work. Their strategy targets two project types: 1) existing deposits abandoned by previous operators due to poor economics such as the Blende zinc-lead deposit in the Yukon and the Copper Canyon copper-gold deposit near Galore Creek (both spun out), and, 2) conceptual exploration projects such as Fisher in Saskatchewan southeast of the high grade Seabee gold mine and Iron Range in southeastern British Columbia where the Hunt for Sullivan II never dies. While Eagle Plains will do some exploration work to illuminate a project's potential to yield a bigger and better deposit than already known or generate a new discovery, it always leaves expensive drilling to a partner who can earn a majority interest in the project. Many of these partners are juniors optioning a "property of merit" as a qualifying transaction that stops the death clock ticking on capital pools, of which the TSXV has listed over 2,000 since 2000. Because such juniors are merely "renting" a project as a stepping stone to something more glamorous like a weed or blockchain story, Eagle Plains usually gets them back in an enhanced or busted form. In the meantime Eagle Plains will have kept its technical operations funded through the cash and stock payments made by the partners. It is a survival strategy at which Eagle Plains has excelled, the climax of which was the Copper Canyon spinout in 2006 and eventual buyout in 2011 by Novagold.

To access the full article visit the Newcomer Orientation Page of Kaiser Research Online