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Bullboard - Stock Discussion Forum Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp is a Canadian mining and exploration company. Its principal business activities include the acquisition, exploration, and development of mineral assets. The company focuses on the development of the Angostura Project in Northeastern Colombia which consists of the Angostura deposit.

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@ the Bell: Markets across the globe see red
Canada’s main stock index was down by triple digits come Wednesday’s close, amid losses in the energy, base metal, and technology sectors. Telecom and industrials moved higher.US stock index... read article.

RE:RE:RE:New Colombian President...

The project undoubtedly has economic benefits to the local communities and the Colombian government.  It would be great if the president would acknowledge this and allow it to proceed. My...read more

Puma Exploration Completes Its Winter Drilling & Outlines Its Summer Exploration Plans

Puma completed its 10,000 m drilling program at the O’Neil Gold Trend that was launched at the end of January 2022. 97 short holes were drilled for a total of 10,348 m. Results for the first 43 holes totalling 5,203 m have been reported to date. The fully-funded $2M summer program to identify high-grade gold mineralization has begun at its Williams Brook Gold Project in New Brunswick, Atlantic Canada. ...read more

RE:RE:New Colombian President...

What Minesa has to offer to the new president is : source of the quote, Minesa Webpage: https://www.minesa.com/es_es/nosotros/nuestro-proyecto-soto-norte/ Will the new president choose a...read more
@ the Bell: Caps on Russian oil not enough for the TSX
Following a new round of restrictions announced at a meeting of G7 leaders capping prices on the sale and purchase of Russian oil, Canada’s commodity-heavy main stock index came out of the gate... read article.
Buzz on the Bullboards: Another summer of uncertainty?
In times of uncertainty in the markets, investors tend to focus on more consistent plays.Not all investors are basking in summer vacations and backyard barbeques. For those who are still plugged... read article.

RE:New Colombian President...

The article also mentions "multinationals" who are obliged to follow sustainable practices.  I'm curious as to what "ancestral" mining means for a company like Galway...read more

New Colombian President...

Left wing and wishful thinking Petro was chosen as new Colombian President. Pension reform, costfree studying , taxes increase to the "rich", all the usual popolistic sweets he had promised...read more

Soto Norte NI 43-101 – Feasibility Study (2022)

Aris Gold (the new Minesa operator) had published a 2022 Feasability Study for the Minesa project. Many, many details  are there on more than 400 pages. Also a concept for dealing with illegal...read more

link from last post

https://www.elespectador.com/colombia/mas-regiones/alertan-aumento-de-mercurio-en-afluentes-que-surten-de-agua-a-bucaramanga/  rate and reply

While we wait....gold gets stolen

They warn of an increase in mercury in tributaries that supply water to Bucaramanga The Santanderean Active Citizen Oversight indicates that there was an increase of up to 4.00% in the La...read more

A little piece of more information

Eco Oro Minerals Corp. v. Republic of Colombia (ICSID Case No. ARB/16/41) In ICSID arbitration Eco Oro Minerals Corp. v. Republic of Colombia, CRA consultants supported respondent’s counsel and...read more

Taxes payed

Eco Oro payed a total of 540,000 in taxes to Colombia last corporate year.  You can go to SEDAR and do a company search.  Listed on June 2nd 2022.   Annual payments link.  rate and reply

RE:Colombia President election: First round results

Hernandez will have to bring in the Uribe conservatives.  go figure https://www.semana.com/nacion/articulo/ultima-hora-el-tracking-presidencial-de-la-fm-aumenta-diferencia-entre-rodolfo...read more

Colombia President election: First round results

Colombia voted for its future President in a first round. Two candidates will go into the final second round on June 19. Colombian people voted for the choice between an leftist ex guerilla and our...read more

RE:Timetable

https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/16/41 May 23, 2022 The Respondent files a submission addressing the Tribunal’s questions set out...read more

RE:Fiction and truth

The husband and wife ex mayor and mayor are the only ones stalling the legal mining framework in the "paramo" area.   hmmm  rate and reply

Fiction and truth

Protesters gathered some days ago in front of the Canadian Embassy about the pending ICSID case. They claim in their fiction to defend the envirionment... Truth is :  Instead of a clean &...read more

Timetable

ICSID Case No. ARB/16/41, Procedural Order No. 12 says at the end:  rate and reply

RE:RE:US$696 million plus interest at a rate of 6.6 percent p.a.

You are accurate Tired. The 85 cents is $US so if we are lucky enough to get a $700 US million award, at 10% of the arbitration figure, it would work out to 85 US cents and would result in about $1.07...read more

RE:RE:US$696 million plus interest at a rate of 6.6 percent p.a.

Can not answer it. Too many things to do for me with other shares, so I had not enough time until now to check out the CVR details. They stated a lot of text about the different CVR's rights in...read more

RE:US$696 million plus interest at a rate of 6.6 percent p.a.

With that number, would the distribution waterfall leave around 85 cents per share? $700M US of which 90% goes to the CVRs, leaving $70M US/110 M shares = $0.85/share. Or is that delusional?  rate and reply

US$696 million plus interest at a rate of 6.6 percent p.a.

...The Company is seeking US$696 million plus interest at a rate of 6.6 percent per annum, compounded semiannually, as compensation for damages the Company sustained as a result of Colombia’s measures...read more

May 2022: election month in Colombia...

What will the national presidential elections bring at the end of May ?  Probably nothing good for real world economy & mining. Left wings seems to be leading in the polls and our well...read more