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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Bullboard Posts
Post by wiseyoungmanon Jun 15, 2016 1:05pm
195 Views
Post# 24967853

SORRY BUT I AM OUT

SORRY BUT I AM OUT
As previously indicated, I had lightened my position in this stock. Today I sold my remaining 51K shares. There has been a great party elsewhere and this stock along with Galway Gold and Galway Metals, have been dead weight. I previously also indicated I sold out my positions in the Galway companies. EOM had a very very slight chance to turn things around, however I do not see it based on the latest news out of Columbia. I also expect the restructure to dilute existing shareholders and the folks doing the funding for legal fees will have a host of special rights similar to Gabriel Resources. And this is no surprise since they are assuming extra risk. After over 3 years, reality is reality. There will many chances to get back in this stock as it faces a long long process. GLTA.
Bullboard Posts