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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 Goldenruleson Jun 01, 2015 7:31pm
191 Views
Post# 23786638

RE:RE:Some questions...

RE:RE:Some questions...I was told by IR some time back that Aura cannot do financings for under $.05 for legal reasons. So that's something we don't need to worry about. I'm sure Aura just wants to sell this thing as much as the rest of us do. All we need is a confirmation of a rising gold price to light a fuse under the entire sector. With the PEA out of the way and the uncertainty removed EGX should respond. I know the Lab downplayed things to the extreme, but most  Canadian mining PEAs take the "disclaimer in every paragraph" approach because of the instrument 43-101 restrictions. Analysts will see through the language. It's just legal overkill in my opinion.
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