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Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s):  EGPLF

Eagle Plains Resources Ltd. is a Canadian based mineral exploration company operating in Western Canada exploring for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Its business is engaged in acquiring grassroots critical-and precious-metal exploration properties. Its projects include Acacia Project, Iron Range Project, Kalum Project, Vulcan Project, Cathro Project, Knife Lake Project, Olson Project, Schotts Lake, Dictator Project, and Elizabeth Lake Project, among others. The Acacia Project is located 60 kilometers (km) NE of Kamloops, British Columbia (BC) and cover approximately 4857 hectares (ha). The Iron Range Property is located one km NE of Creston in SE B.C and covers 70,473 ha. The Kalum Property is located 35 km NW of Terrace, BC. The Vulcan Property is located 30 km NW of the historic Sullivan Mine at Kimberley, British Columbia. The Elizabeth Lake Project cover an area of 1266 ha and are located 21 km north of La Ronge, Saskatchewan.


TSXV:EPL - Post by User

Post by GoldInsect777on Aug 10, 2023 11:47am
86 Views
Post# 35581850

Outstanding shorts are x3.5 increased as of 7/31

Outstanding shorts are x3.5 increased as of 7/31From ~13,500 on 7/15 to 62,000 on 7/31. Hard to tell how much of those positions were opened before the announcement of the PP on 7/20 - 7/21, but the fact that anyone would want to take significant short positions on a company with such horrible liquidity makes me wonder if someone already knows some bad news. There is no possible way these shorts can be profitably covered without a major liquidity event to the downside. 
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