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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.


CSE:EOM - Post by User

Bullboard Posts
Post by Tottenham10on Jul 21, 2014 3:11pm
373 Views
Post# 22766894

Question to the active investors in this region?

Question to the active investors in this region?


Why would Mubadala Group have taken AUX as collateral to the debt of EBX if they knew there was limited opportunity to mine?  I would imagine an astute and relatively conservative investment group would need a firmer guarantee.  Do you believe there is a written government guarantee to AUX that they will be chosen the winner to conduct the business without competition which effectively is a government guarantee that Mubadala took at the guarantee?

EOM has done an effective job since May and their Colombian management team of Sr. Orduz and Sr. Linares have been visible.  Sustainable economic mining with the long run preservation of the environment should win the day for this company.




Bullboard Posts