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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by BrendanCon Nov 13, 2014 12:50pm
177 Views
Post# 23125088

RE:soo

RE:sooI spoke to IR and Jeanny said that they have recieved numerous requests for the PEA release. She said Glenn told her that it would be released by year end. That could be between now and, my guess, mid December. They have to wait to have the results recorded and drawn into the PEA. Once EGX gets it, it should be released asap. The PEA would have been ready if it werent for the MET test. The test concluded in Sept. Jeanny said it would be a month before any numbers came out of the MET test to be included in the PEA. Therefore the results would be known by October. Then about 2-3 weeks for those results to be placed in the PEA for release. So basically like she told me before which placeses release at 2nd to 3rd week of November. (tomorrow and onward). The mining laws rates are all known. From what I gather, the laws are changed as far as tax rates go. If they don't include it in the PEA, there is no reason why another potential buyer wouldnt take the changes into account. It will well known to these guys that the changes are done. ou said if we have a good PEA... We have 10,000,000 Oz of Au from a few meters up to 240 or so meters. Very cheap costs to mine. I do not see how there could be a bad PEA. I just hope we have better ##'s than other mining sites so we get bids first. By my DD, I have not found a lot of other surface open pit mines with more or better grades that have not already been spoken for. Should be a good month. Cheers.
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