ECUADOR GOLD AND COPPER CORP V.EGX

Guess this would put EGX > $10 Billion in indicated metal?

[stockprosp]

I still am shaking my head at this whole thing........

https://financialpress.com/2013/12/16/investment-banker-to-gold-miner-ecuador-gold-and-coppers-glenn-laing-explains-why-he-thinks-this-is-his-best-investment-to-date/

[teheran10]

I am shaking my head. A few years ago, this news would send this stock to a $1 today and in a few weeks to $10. I guess we have to content with $2 long term.

[nassau1]

This share price is completely insane,what happened today was pathetic,how are companies valued anymore,because as it stands now the resources we have are valued at nothing,they have spent more drilling than the share price is which makes no sense whatsoever,there has to be a reason for this?

[birch1]

Nassau, hopefull our investment relations guys are all over this.  I was happy they hired them.  I think it is going to take time for the news to sink in so we see slow increase in SP that is sustainable and not just one that shoots up and dives the next day.  I think I like this longer and the rest of the float tells me that.  That being, no significant dump on this news. 

[SizzlinSteaks]

Completely agree. Average value for junior gold stocks is $19 per oz in the ground. With 10.5 million oz of gold this junior should be worth 90 cents TODAY based on its gold resource alone. Add 2.3 billion lbs of copper and over 20 million oz of silver. Not sure how much additional value that adds but I'm sure its significant. Clearly EGX should be in the dollar range and not pennies.  

[testfreak]

nice posts guys!  Great things hAppening here.  Look at the resources here.  It's impossible to hold this below .10 forever? Ain't it lol.  Well I must say my collection here is large and ill hold every last share until were .50.  Good luck fellas.  It wil egxplode soon enough.  

[goldbull636]

Spend a few minutes doing the math for the following: 10.5 milion oz gold 2.3 BILLION lbs copper 20 million oz silver No matter how one low balls the numbers one quickly can see just how undervalued this is! Matter of fact, individually the gold, copper or silver is worth more than our whole market cap! Now, add them up.  I see ZERO downside risk here and HUGE HUGE upside.  Even in

[nassau1]

this is the most undervalued stock on the venture,i am not sure if people realize the size of the resources here,i have been talking to management and they cant believe the price right now themselves,they say this is one of the biggest resources in the world and it is very feasible to mine,very low costs,they also stated that all insiders own 80% of the float so really retail investors only have

[nassau1]

After talking to mr Laing today and seeing that he is as frustrated about how undervalued this is as me it made me more assured that this will go up fast once investors get a better idea of this huge deposit,I also asked him about chinapintza and he had told me the Chinese have been there for months setting up getting ready to start mining in the next few months,remember we get 30% of  the

[Milly12]

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