Replies to post #2125 on El Alacran Gold Mine Corp (fka EAGM)

[thescientist]

good find brazballz thanks for the info

[negger0]

braz, so basically it's the same!!!!!

[oneinamillion]

Okay so since they first announced the share structure a few months back they put 5-6 million into the float to get to the 201 million number-they should have pocketed about 500k to a million dollars minimum based on the share price since then-Unless the shares were used to buy the new mine. They are close to maxing out unless they raise the AS. The restricted stock remains at 292 million so none of that has been sold. They have about 7 million left in the AS so any pressure from them will be gone shortly unless they raise it like I said. Would be a great time to contact them to find out their position on shares. I really would love to see a balance sheet to see what they value their properties at.

[aimgator]

Looks like the float was increased by 5 million shares... probably released when the PRs came out.. could explain why despite the buying the pps wasnt going up...