Eagle Hill Exploration Corporation V.EAG

desperate or greedy?

[tomgranite]

What are they up to? Offering new shares at 5c with a warrant attached which is exercisable at 8 c for 2 years? The current bid-ask is 5.5c - 6c. They seem hell bent on diluting this company at a cheap price. No wonder Dundee and SA are putting $1mil in apiece.

[MaxTMaxT]

Neither!....Investing....they wouldnt keep putting this kind of money into EAG unless they expect SIGNIFICANT returns....their shares are worth the same as yours buddy....they just have more :) ..its all good ..LONG and STRONG ...MaxT

[AngryBird]

No matter how you slice it. Dilutioni is mother of all Evils... 52 week low... ouch!!

[Observer10]

Not a 52 weeks low but an historic low at the same level as december 2008 in the midst of the financial crisis. Just wondering what M. Desrochers has to say... No wonder people are avoiding venture stocks.

[queensa]

SRK says 3.4 million to produce PEA, the board has moved ALL-IN, hopefully the drilling will tie-in all the honey holes and we can move to a reasonable SP  otherwise things will be grim.........

[tomgranite]

bid - ask is now 4.5c - 5.0 cents. What a masterstroke from the idiots in charge. I wonder if JP and co will pull the same stroke here as they are trying to do with SA i.e. re-price their stock options. JP told us that there would be no problem in finding funders for this project. Either he was lying or they have changed their minds. Their greed with the 20mil stock options and the disappointing

[tomgranite]

You are obviously missing the point Max. Their shares are not worth the same as mine, as they have warrants attached to them. You also have a short memory or are choosing to ignore the fact that the board awarded themselves 20million options at the then market price of 11 cents.

[MaxTMaxT]

well then Tom..just sell your position and buy into the PP for the 'warrants"..which is what I expect Cannacord and Anonymous have been doing the last couple of days....one thing for sure..all the negative posting by those still accumulating will probably keep the sp down for awhile so if you dont buy into the PP you can still add to your position at this level.(wish i could but fully