Eagle Precision Tech (TSE: EGL) - The Short Term?

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Gold/Mining/Energy
Eagle Precision Tech (TSE: EGL) - The Short Term?

An SI Board Since November 1999

Posts	SubjectMarks	Bans
191	2	0

Emcee: Sapper	Type: Unmoderated

Introduction Compact

A pipe forming company headquartered in Brantford with plants in US and Europe. Annual revenues of approximately $100 million with a current market capitalization of $4.5 million.

This thread has been established to act as a focal point for due diligence and short term trading comments. The current situation is highly volatile and best stated by their latest news release:

Eagle Precision granted protection from creditors

Eagle Precision Technologies Inc EGL

Shares issued 4,616,590 1999-11-09 close $3.95
Wednesday Nov 10 1999

Mr. A. Alex Kepecs reports
An order was made earlier today granting protection under the Companies' Creditors Arrangement Act (Canada) (CCAA). The order stays all proceedings with respect to obligations existing as at Nov. 10, 1999, and authorizes the company to file a plan of compromise or arrangement, implementation of which would require the ultimate approval of the company's creditors and the court in accordance with the CCAA. PricewaterhouseCoopers Inc. was appointed the monitor under the order. The company decided to take this action in order to address its financial difficulties, provide fair and equitable treatment for all its stakeholders, and facilitate the development and implementation of a comprehensive restructuring plan. The company intends to continue operations during the proceedings.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

WARNING: This stock is extremely volatile and not for the inexperienced investor

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
191	Sorry KC...haven't been following EGL for the last couple of months or so..	Sapper	-	3/30/2000
190	Any idea what the PR will contain? Good? Bad? KC	KC Jones	-	3/30/2000
189	EGL halted pending news. Hope it's better than the last one. KC	KC Jones	-	1/18/2000
188	The eagle looks like it's poised to fly again. KC	KC Jones	-	1/14/2000
187	We may be buying but at a higher price. 2.15 x 2.20. KC	KC Jones	-	1/13/2000
186	That's right KC.....nothing wrong with taking a profit.I suspect we will be	The Osprey	-	1/13/2000
185	EGL's been flying all week, guess I should have held onto those ones I sold	KC Jones	-	1/13/2000
184	Nice pull KC.......I sold some at 1.27 for 3K via greenlie and still holding so	The Osprey	-	1/11/2000
183	Out 2000 @ 1.35 from friday @.95. I'll be looking for a re-entry point. KC	KC Jones	-	1/11/2000
182	Showing some life this AM. KC	KC Jones	-	1/10/2000
181	Only managed a partial sale @1.05. Holding 3000 over the weekend. May be we'	KC Jones	-	1/7/2000
180	Hey KC and sapper.If that 38,100 at 1.10 is not eithe r House 2 or house 7 or b	The Osprey	-	1/7/2000
179	Back in @.95 through Greenline. KC	KC Jones	-	1/7/2000
178	No but I think we've seen the ST bottom....will amend my other offers Sapp	Sapper	-	1/7/2000
177	Is that you @ .85 again? KC	KC Jones	-	1/7/2000
176	I have a bid in @ .80 KC	KC Jones	-	1/7/2000
175	Picked a bit up @ .85.....	Sapper	-	1/7/2000
174	I can't see MD but seems kinda low!!I'll keep watching. KC	KC Jones	-	1/7/2000
173	Got to think it could be around.70???	Sapper	-	1/7/2000
172	Out 2000 @ 1.64....where's the re-entry point? KC	KC Jones	-	1/7/2000
171	EGL has no explanation for market activity.( From CSW ) KC	KC Jones	-	1/7/2000
170	WOW 1.74 x 1.74 KC	KC Jones	-	1/7/2000
169	EGL looking strong again this AM. KC	KC Jones	-	1/7/2000
168	Osprey...Can you give me MD? KC	KC Jones	-	1/6/2000
167	This is going to go much higher with any buying at all.The float is too low and	The Osprey	-	1/6/2000

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