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

TSXV:EAG - Post Discussion

Eagle Hill Exploration Corporation > Could close over $1
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Post by cashmoneyhero on Jun 09, 2015 12:18pm

Could close over $1

Very low float. Most flippers would be out by now. This will get interesting.
Comment by tomgranite on Jun 09, 2015 12:21pm
Any idea what would be a fair value for Eagle Hill shares?
Comment by cashmoneyhero on Jun 09, 2015 12:36pm
$1.30-$1.40ish range if it goes through.
Comment by cashmoneyhero on Jun 09, 2015 12:48pm
This deal is scheduled to close between June 30-July 21. There's plenty of time before then for EAG to trade up into the valued range. That's why it's holding firm. Smart money is left holding undervalued shares at the moment.
Comment by tomgranite on Jun 09, 2015 12:59pm
Looks like Dundee and Southern Arc have agreed to be locked in: ''Shareholders of Eagle Hill representing 57% of the common shares of Eagle Hill have entered into lock-up agreements with Oban in support of the transaction.''
Comment by cashmoneyhero on Jun 09, 2015 1:11pm
So...you can bet those shares won't be sold. There probably is only a few million shares floating publicly here. I bet earlier at .78 cents that EAG is going to trade up into the $1.30-$1.40 range. Do your own DD. GLTA