Euro Sun Mining Inc T.ESM

Belo Sun vs. Euro Sun

[grape562000]

F&M twin sons...

Anyway, I was on the Belo Sun bullboard where I found people speculating when Belo Sun would get final approval for their 3.8M oz mine in the Amazon rainforest.

I happen to live in Romania and despite my frustrations with lack of response from ESM to messages and phone calls, I have no no doubt final approvals will be in hand by beginning of 2021 at which point the project will likely be sold.

Long story short, Belo Sun has a market cap 5x ESM and share price 2x of ESM's.

So...if people believe getting mining permits in the Amazon is less likely than in Romania, perhaps all of those frustrated shareholders would sell Belo Sun shares and buy twice as much ESM for the same money.

I wonder what that might do for ESM's share price...

[StockDoc60]

Grapes  was on a website medium.com ,reading article by Don Durret explaining valuations of gold mines .Location was one if his criteria to consider  ( see his ratings below ..Romania is higher risk than Brazil) .I personally thought that strange .Sometimes, however ,I wonder if the govt. there is really behind ESM and pushing them to develop a mine ?? Thoughts ?   ---------

[alvarez2]

Canada listed as #1. I get a chuckle out of that. I live here. If a mining company can get past the hurdles of the environmental groups and First Nations land claims, they are an anomaly. Beyond discovery.......it's a long arduous task to get anywhere beyond that in many of our provinces today.

[grape562000]

Romania is a beautiful country and has a lot of natural resources. The history of Romanian natural resources being appropriated  and not benefitting the populace is long and tragic.  Romanians are quite aware of this history and the government has to respect that people want in terms of environmental protection and benefits to the country. Mining got a black eye around 2000 with a huge

[StockDoc60]

Thanks Grapes , I appreciate your insights  BTW:  I seem to recall 2-3 years ago when mine licence was getting approved there was some govt.            directory that gave updates on status of licence . Does such a thing exist for this latest         construction permit?  Do they also  still have the office fully