Re: Charts & Comments
in response to
by
posted on
Jan 03, 2011 06:45PM
Saskatchewan's SECRET Gold Mining Development.
The reason Eagle Plains Resources stock behaved as it did was because of the release of drill hole results from one of its gold projects indicating it may have discovered another Sullivan Mine deposit. The price spiked in the $1.30 range upon release and spread of the results and has since backed off to .65 when assays and other drill hole results were released. In addition, EPL's other flagship project is the Yellowjacket gold mine in BC, which it is gearing up to put in production. EPL also has numerous prospective land positions in southeast Yukon near Northern Tiger's new 3ACE gold discovery; the Southeast Yukon's gold prospect currently is receiving a great deal of attention by institutions and investors familiar with the Yukon. EPL presently is primarily a gold play although it does have over 30 projects including many that are base metals, uranium and ree's.
Also, in response to your several posts between 12/26/10 and 1/2/11, you raise several valid points. However your continued personal attacks on Mr. Netolitzky impugn your credibility. That he chooses to take a conservative approach in the MD&A and in the running of the company will only serve the best interests of all shareholders. There is nothing worse for a venture exchange company than to over-promise and under-deliver. Look at Mr.Netolitzky's last two gold companies, Viceroy Exploration and Brett Resources, and how much money he made for his shareholders. Golden Band is on its way to return to patient investors similar high triple digit gains. His conservative approach in running those two companies proved extremely successful. He has been around for a long time and has been involved with the GBN properties for 3 decades. I trust and believe him when he suggests that GBN ultimately will produce 2 to 5 million ounces, if it isn't acquired first. Your comment respecting Brett suggests you became impatient holding it too and sold at .70 in late 2009, when 8 months later its purchase price by Osisko reached $4.50. For those of us who "patiently" held Brett for 3 years, including during the 2008 market sell-off when its price fell to .25, we were rewarded. You would have much more credibility if you would just stick to facts and not inject your unsupported and unsubstantiated slurs against Mr. Netolitzky. Of all the geologists, businessman and mine finders in the world, he is one of the most highly regarded and respected and well-liked.