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Bullboard - Stock Discussion Forum Eagle Hill Exploration Corporation V.EAG

TSXV:EAG - Post Discussion

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Post by liquorc on Apr 27, 2014 8:21pm

Crazee price

22mm cap, 56% owned by heavies, 2mm give or take, others need their gold, getting ready for takeout at at 10 or more. replies welcome.
Comment by MaxTMaxT on Apr 27, 2014 10:09pm
a low ball takeout offer wouldnt surprise me at around .40 or better since EAG is moving into the Preproduction stage... I think it would have to come before they get into this next round of drilling..however..I dont think EAG would entertain a Takeover offer now..this is a turning point in the evolution of Windfall....as an earlier poster stated...all they have to do now is tie in all the sweet ...more  
Comment by luckypenny2014 on Apr 27, 2014 11:33pm
It all comes down to red dog and what is below it. It is 180000 oz and counting. A few more priority drill holes that come up similar grades and widths down deep will put eag on the market. The magic number will be 1 million ozs of proven gold that is economically viable. I think these guys mean business and will sell rather to stick around to see how big the gold is.