Post by
HornbyBay on Jun 10, 2021 7:31pm
Spin-Out of Donna and Dictator if Big Drill Hit on Donna?
Prediction: If EPL gets a big hit at Donna, Tim may follow the stated business model and spin-out a new company consisting of Donna and neighboring Dictator. Would be another way for shareholders to receive value. Speaking of value, when is Rockridge going to report drill results at Knife Lake?
Disclosure: I own shares of Eagle Plains, just my opinions, not investment advice.
Comment by
dar76124 on Jun 11, 2021 7:37am
Tim seems to want to "build the company" if there is a big hit at Donna. I wonder if EPL will keep Donna and spin out everything else? Can one management team build a mining company and still give proper attention to all the other properties? I don't know the answer but I think stockholders will do well either way.
Comment by
HornbyBay on Jun 11, 2021 9:32am
Tim kept Taiga - so my guess is that he will also keep Donna/Dictator if he does a spin-out. Hoping for more news ... let's go EPL! Disclosure: I own shares of EPL, just my opinions, not investment advice.
Comment by
NineLives on Jun 14, 2021 12:18pm
Seems the best way to go. Keeping a percentage control helps Epl shareholders in the long run, also acts as a poison pill. Anyway, let's not jump the gun let's see what EPL finds. I still can't believe TGC is sitting at 18.5 cents, knew it would take a while but expected a little more movement.