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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 Mar 16, 2015 9:50am
136 Views
Post# 23524703

RE:RE:RE:RE:RE:RE:RE:RE:Back into silence I go....

RE:RE:RE:RE:RE:RE:RE:RE:Back into silence I go....
IMHO, using this logic, the PEA would have to be possitive? Correct?

For instance, Deller gets rewarded for backing EGX by getting cheap shares...  thats plain to see!! So, since we didnt get sent back to .02/SP on a negative PEA. You can assume Deller is getting the shares at the cheapest rate possible in his and managements eyes...  at .05/ share which signafies that the PEA was good and they wanted to raise the money, as cheap as possible per SP, by adding loads of more shares to Deller before the SP goes to .15, rewarding Deller 300%.

Whats everyones thoughts on this assumption?
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