ECUADOR GOLD AND COPPER CORP V.EGX

Remember the PEA from May 30th, 2015

[nightcrawler000]

Just thought I would put this out there for conversation. If I remember correctly this was a pretty poorly excuted PEA and is outdated on a few prices. Consumables in the PEA listed Diesel at $1.14 USD/L.  I can see this company being more valuable than the price people are giving their shares away for, but I also see the risk. 

Table 1-4: Financial Model Sensitivity to gold price

Gold price (USD/oz.)			% of three year trailing average			IRR (%)			NPV (M USD)			Payback (years)
1 303			90			5.5			-74.4			7.4
1 448			100			9.5			47.4			6.5
	1 593			110			13.4			168.9			5.6
1 738			120			17.0			290.2			4.5
1 882			130			20.5			410.7			3.0
2,027			140			23.9			532.1			2.1
2,172			150			27.2			653.2			1.7