ECUADOR GOLD AND COPPER CORP V.EGX

Gold hits $1117 today and now all we need is the permits and

[Viper31]

Gold keep rising plus a nice news release and this puppy will explode.

[SK0009]

That would be great but don't know what EGX is doing? Is it problem of Equador or EGX? Taking forever. Sometimes I get little suspicious about fate of EGX. I hope it doesn't end up becoming another PXA.

[BrendanC]

I have emailed Heye twice and EGX once ... I have not gotten any responce. So with that being said, it is either a very good sign or a very bad sign. I cannot see where it could be bad here. We have the money to continue exploration. Did someone make us an offer? DELLER may be getting nervous and may have some offeres on the table. I really don't know what else to think of why no one is

[BrendanC]

With the Canadian dollar being so low, now is the time for a company to want to buy...   25% on the dollar. We'll see!!      B

[SK0009]

BrendanC, who will buy EGX if it doesn't have even exploration permit. At this point of time EGX is just paper company with salaried employees and nothing else. If other company has to start from the scratch, then why they will purchase EGX? If i am owner of any established mining company & I have to start from exploration permit then I wouldn't buy debt. Let's not forget they have

[BrendanC]

BrendanC, who will buy EGX if it doesn't have even exploration permit.  The Exploration permit is specific to CONDORMING. Thats why they changed the name, to allow for another application. A Company only get (I believe) 18 months to explore until they have to move into the exploitation. Meaning... they can look for 18 months then they need to start producing/mining. We havent finished

[BrendanC]

I wanted to add that I personally feel as though Gold and Copper will soon be on the rise as I previously stated my reasoning for Cu. The uncertainty in the world right now is going to puch gold higher and the higher grade deposits are few and far between. It is just a matter of time before gold demand rises to the breaking point and we see high volume low grade deposits become very valuable