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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 by User

Comment by Nutrimenton Dec 19, 2008 9:22am
383 Views
Post# 15656622

RE: Nutriment.....my best guess...

RE: Nutriment.....my best guess...Maybe you are right...but then again from a shareholder's point of view there are some key factors to consider:

1. MOre than likely they will do a reverse split (as they have many times before)....this will likely result in a severe stock price deppreciation for current stock holders. Even if the stock goes up after the reverse split, most people will be lucky to break even.

2. Where will they get new staff for the business plan after laying off everyone?

3. WHo will invest after most shareholders have been screwed over on more than 1 occassion? Who still has faith left?
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