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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company focused on exploration of gold and copper. The Company is focused primarily on its 100% owned Rovina Valley Project (RVP) located in west-central Romania. The Company operates through the development of its Romanian mining permit segment. The Rovina Valley Project consists of three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Company’s wholly owned subsidiaries include SAMAX Romania Limited and SAMAX Romania S.R.L.


TSX:ESM - Post by User

Bullboard Posts
Comment by oilsydon Jun 28, 2018 8:14pm
63 Views
Post# 28248374

RE:RE:RE:Share Price

RE:RE:RE:Share PriceI think he posted the same thing last week.  If he keeps doing it, eventually he will be able to claim that he was right.  The current share price is very annoying given how "imminent" ratification was supposed to be.  I simply do not believe anybody could possibly provide a decent reason for the drop in share price today  other than the sellers today themselves.  It could be a general malaise in the gold market or it could be that the sellers were frustrated with the wait.  With only 11000 shares sold today it is totally useless to draw any conclusion about what the market thinks of ESM or the gold market in general.  Only moves on high volume give any real indication of what the market thinks.  We have been in a general downtrend since the middle of march and if the charts are anything to go by, we have not seen bottom yet.  I have not sold a share and have actually increased my holding on the belief that the fundamentals will change sometime in the next few months.  Since this could happen any day, I have not bothered with any technicals for this stock.

</br>cheers</br> Oilsyd
Bullboard Posts