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Bullboard - Stock Discussion Forum 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 Discussion

ECUADOR GOLD AND COPPER CORP > The PEA is complete
View:
Post by RollingDice on May 23, 2014 11:33am

The PEA is complete

Just writing up the press release.  It'll be released next week.  I'm thinking Tuesday-Wednesday.
Comment by actonfear on May 23, 2014 12:00pm
how do you know?
Comment by gump132 on May 23, 2014 12:02pm
Maybe RollingDice is Glen.... I mean, think about it! Have you ever seen them in the same place at the same time?! *mind blown* haha He doesn't know. Just speculating most likely. I agree that it is probably done by now. They are probably just reviewing it and putting together a news release to properly promote it. I think next week will be good :)
Comment by RollingDice on May 23, 2014 12:05pm
I suppose I very well could be Glenn... If he was a much younger man.  Feel free to call Investor Relations.  They have to complete the press release and then submit to legal for approval.  Won't take long.
Comment by gump132 on May 23, 2014 12:06pm
So they would probably release it Tuesday morning then. Monday the US markets are closed and releasing mid day never seems to work that well. I think first thing Tuesday is the most likely (like you said)
Comment by Winny1 on May 23, 2014 12:10pm
RollingDice, thanks and XOXOXO. I'm not asking much, just 30 cents is okay with me :)
Comment by Winny1 on May 23, 2014 12:13pm
Forgot Monday is a US holiday. Likely Tuesday for news.
Comment by gump132 on May 23, 2014 12:15pm
I'm holding out for the $2-3 buyout ;) haha
Comment by BrendanC on May 23, 2014 12:16pm
Same ;)
Comment by Solidsnake10 on May 23, 2014 1:24pm
Any major examples of a company like this being bought out at that price aka with our share structure... 400 to 600M in recent years? Just curious... to see . Woudl be great if they're int he region.
Comment by gump132 on May 23, 2014 1:33pm
I'm sure you can find some examples in here somewhere: https://www.biv.com/article/20140318/BIV050101/140319924/-1/BIV0501/biggest-mining-mergers-and-acquisitions-of-2013
Comment by actonfear on May 23, 2014 12:17pm
So when you say feel free to call them, are you intending to imply that they told you they're just finishing it up. Or they only told you "our deadline is w/e... we can't say more"? Can you please be more specific? Any info would be appreciated :)
Comment by RollingDice on May 23, 2014 12:28pm
I was told the following: a)  The PEA will be released next week b)  When the PEA data is completed by the third party it then goes to Glenn and Jeanny to work on the press release c) The press release has to go to legal to sign off d) Despite continuously following up, I'm not the most annoying person to contact her
Comment by gump132 on May 23, 2014 12:33pm
Haha I like point D. That means a lot of anxious investors want to see what this PEA will reveal. Be prepared for this thing to go $0.50+ maybe even $1 on a good PEA. I have seen it before. I hope they have a buyout lined up too. Anyone have any guesses on how long it would take for a buyout to occur after a good PEA?
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