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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

Comment by sailor8on Sep 11, 2021 5:24pm
230 Views
Post# 33845453

RE:RE:RE:Shares vs CVR question

RE:RE:RE:Shares vs CVR questionI recommand everybody to read the fine prints of the last CVR issuance.

The last CVR de facto expropiates shareholders and holders of the first rows of CVRs for a good part of any award...

It grants on costs of the shareholders and holders of the first rows of CVRs to the advantage of the handful people who owns the last issued CVR an extremly high part of any payments from the court decision. The extreme "Interest rate" for that payment to the handful people who owns the last CVRs is depending on the time between CVR issuance and the pay out day.

These handful last CVR people enjoy and certainly celebrate any delay as it gives them the later it gets the bigger parts of the award.

It is Usury made by these handful people on costs of the shareholders and first row CVR holders.

In case you do not know what is "Usury",  google for it.

These regulations of the last CVR's may bring some court cases, if they really try to realise these fineprints on the paydays. The last CVR issuance was made in a way, that it was in some cases for foreigners technically impossible to participate within the narrow given time frame.

I guess the handful "special" people who could sign into that last CVR, were informed in front of the official publications. So that they had enough time to prepare all the pre-requisites  to sign into these last CVRs within the narrow given time frame. 
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