Talked with Wes today and was very pleased with the time and effort the man put into answering my questions and concerns.
I will try and give a quick summary of the discussion.
Question..Will there be any deep drills turning this year..etc etc
Answer.. No...eagle1 is done with deep drills..confident..open to depth !
Question.. When are we to recieve assays & update on drill program.weeks..months!!
Answer.. assays from last september & drill update...sooner than weeks!!
Question..Is there any chance of a blockade this year to screw up our winter drilling
Answer.. Things are looking very positive on these issues
Question..The selling pressure is relentless is there a large institution bailing out, has the institution % of holding's changed over the last year...any explantion !!
Answer.. Not to his knowledge has a large shareholder been bailing out, but it is possible.He does not believe the % of institution holding's have changed over the last year.
Question..How many drills will be turning this year ??
Answer..no comment..!!
Question.. Any majors looking..talking..interested...mergers...any thing !!.." Had to ask "
Answer.." Nice try "
Question..Why would you sell 50k shares on the open market ??.." did not seem surprised or annoyed by the question "
Answer..Unlike what many people believe i do not make a million $$ a year and i have expenses..Kids in university was mentioned
Question..Do you think the stock is being manipulated ??
Answer.. No...if you look at other junior nickel plays we have performed well
question..How much money in the till ??
Answer..20 mill
Question.. Did we have to pay for the incompetent deep drill crew.??
Answer.. Partly...not all
Qestion.. Where are we putting our drill money this year..percentage wise.??
Answer..50% At12.....50% other regional targets...."Have some great looking targets.. noticed a pos. tone when talking about other targets "
I wish i would have asked...." Why the P.P at 1.25..." Oh well "
I feel gratefull he took the time to talk..I left feeling a little more confident with the hold,was not expecting much more !!
We talked at length about AT12...Very dissapointed about, not being able to drill last years freeze...However..very confident and upbeat about this years drilling success on these targets.
We need a hit this year !!!
We talked in more depth on all topics, just wanted to share a quick summary.
...Payne
