ECUADOR GOLD AND COPPER CORP V.EGX

..GOOD NEWS FOR MINERS IN ECUADOR !!!!!

[MIESTRO]

Ecuador, Lundin Gold reach agreement to develop Fruta del Norte !!!!!!!!

read more at mining.com

this is awsome news guys ,  A very big step for the mining industry in Ecuador.
this news should give other mining companies renewed confidence in the
government being open to negotiate more mining deals.....awsome news

EGX WILL PAY US FOR OUR PATIENCE !!!!!!

miestro

[MIESTRO]

perhaps now EGX  looks more attractive to be bought ??? feed back please !!!! miestro

[SK0009]

Miestro, for my knowledge, does EGX has any connection with Lundin at all?

[BrendanC]

No they dont. 

[MIESTRO]

o.k.............. well the connection is that we both have gold deposits in the same country.                      Ecuador which up until now has not been known as a mining friendly country.                      Kinross Gold  bought the Fruta del Norte project it Ecuador back in 2008

[BrendanC]

Well its basically just what we had started over 2 years ago...   I joined EGX before they had really announced any news on the changes but there were of course rumors as I wouldnt have gotten in on this company. The big disappointment followed when all the miners pointed out that Correa had done this once and when oil was peaked he basically told the miners they either paid what he wanted or

[MIESTRO]

Thanks Brendan ,  as always your points are well appreciated . miestro   now , bring on the news release !!!!!!!!!!!!!!!!!!!!!

[BrendanC]

No problem! And I don't want to sound negative toward condorming or Heye. I think Heye will do a great job but just needs to make things happen.... We have not heard anything in over 2 months on plans that were set for the end of December and early 2016 with no news or updates.  EGX is valued at about 6 million dollars... we are sitting on about 8-10 billion dollars in low grade ore with

[BrendanC]

This is very good news for Ecuador Investors in that Ecuador is serious about open their doors to investors. For EGX for example, whoever mines will need to spend about $500,000,000 to set up the leech field operation. The good news here is that the company would not have to pay into the Ecuadorian Gov't until all the companies investments have been paid for. Very good news towards selling EGX