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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
Comment by wiseyoungmanon Aug 13, 2016 1:37am
116 Views
Post# 25138361

RE:RE:RE:News

RE:RE:RE:News It is bad. The government has the right not to renew a license to protect its envonment. An international court is unlikely to punish a country which imposes a law to protect the environment which has impacted dozens if not hundreds of other companies. I said a few months ago that any company could sue a country if an environmental permit was not issued which is not the case. GOld Reserve case in Venezuela was very very different since that was about state seizure of a mining company asset. ECO knows it's bad which is why they effectively diluted half the company to get the best deal possible. The hedge fund will settle for a few hundred million at best and take half. That is best case. Billions no chance. Sorry. Mark my words. There is a bull run in gold and at least 30 quality juniors are 5 baggers and this dead duck still trades at $0.30. GLTA
Bullboard Posts