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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by jvtayon Feb 25, 2010 5:24pm
567 Views
Post# 16821351

Market is primed ready for Eco to hit big...

Market is primed ready for Eco to hit big...Victoria (Vit.v) just had another very good hole of ~230m of 1.63gm/t and the boards are all a-twitter...and it's a good hole for a company that may well end up having 10M oz Au or more...mod. to low grade.  And I would guess we're gonna see a very nice jump in SP tomorrow.  From NR today:

    most of the mineralized intervals included in the above table occur
    within a 231.6 m thick zone of gold mineralization from 181.4 to 413.0 m
    depth cut by several post mineral faults, and by dikes that have weak to
    no gold mineralization. The average grade of this entire zone is 1.63
    g/t Au.


But now compare with Eco: 

VIT has somewhere in the neighborhood of 245M shares FD...and can earn up to 70% mineral rights for this property, with a Barrick subsidiary holding the other 30%.  Present shareprice C1.03  (and likely to pop higher tomorrow)

ECO has somewhere around 80M FD...and own 100% of RioZarza.   And if RZ is truly FDN's twin sister, we're more likely to see 230m of 4-10gm/t Au...ie 2-6x the grade!!   Present shareprice C1.04.


The market for Eco will explode if assays show anything close to what I just posted...it's primed and ready...and so am I...jt

$^)

PS...I own a nice bunch of Victoria...but i own a small boatload of Eco...I'm in love with Senorita Zarza...'-)
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