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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 wiseyoungmanon Dec 01, 2015 6:53pm
207 Views
Post# 24344759

Many of us were right. Shiff and followers DEAD WRONG

Many of us were right. Shiff and followers DEAD WRONGReading the NR today, it is clear this is going to take at least most of 2016 before any deal. It supports what management has being saying and why the recent addition of the new COO. 

Key in the NR is :  
"These are critical components to technically de-risk and determine the economic viability of the Angostura Project as we move forward in advance of permitting."

The Company must prove economic viability and potential to get permits. Expect further dilution into 2016. There is no buyer and no consolidation at this point. Sorry folks.

Bullboard Posts