ECUADOR GOLD AND COPPER CORP V.EGX

that's real facts

[FrankVD]

if a company had offered 1 billion in June 2014 .. it would have made $ 4.73 per share

 

mainteneant after 3 debenture

 

if today a company that would provide 1 billion = $ 3.11 per share

 

So the only one that is enriched Aura

that's real facts


not more debenture please...

[Solidsnake10]

Please explain where the compayn would have gotten more funds to continue operating? Also where is this 1 Billion dollar offer. I would think Glenn would have taken 1Billion in a heart beat.  Are you going to lend the company $400K of you own money? ...Didn't think so. At this point even if we get 0.40 cents a shares... thats a 4-10 bagger for most of us. So quit whining, otherwise sell

[FrankVD]

I say it's enough to delay. Sell the company now. That's all ...   The more we wait, less our pie will be small .. I think it is simple to understand.   And the Aura increases. Maybe EGX do not need this money for now ... !!!!

[Solidsnake10]

And what if... the only offer on the table right now is 100M. Thats 100M/300M shares = $0.33 a share. But in 6 months from now (after gettting more funding) they get an offer for 400M... but now they have 400M shares from the funding. well 400M/400M = $1 a share. Faster isn't better if the current offer is terrible. If a future offer is better it could offset the increase in shares. I

[FrankVD]

how many debanture will have in the hext 6 month,,,  we had 3 debenture from 6 months ago your $1 will be maybe only 0,25 cents...you don't know... stop debenture et sold now........