Euro Sun Mining Inc T.ESM

Alternate Symbol(s): CPNFF

Metals & Mining Industrial Metals & Minerals

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.

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Euro Sun Mining Inc

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Comment by kynarron Apr 13, 2019 2:13pm

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Post# 29623093

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:All other terms of the Warrants will remain unchanged

I'm not happy with this, but it provides a few insights:

1) They're not delaying the strike date for a third time.
2) They don't expect the SP to exceed 2.28 by May 19.
3) They expect the SP to exceed 0.85 by May 19.

They probably wouldn't exercise warrants at 0.85 unless they can make a profit from it. It makes sense then, that the SP will appreciate from today's value of 0.79.

I think mgmt has accumulated sufficient interest in this project to start working on obtaining a full valuation. There were MILLIONS of news shares added in just the last 2 months, from ''public'' offerings to DSUs to warrants. They're in. If they want to maximize their profit, now is the time to get the SP going up.

I despise mgmt with all my heart, but now seems like the time for things to finally start looking up.

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