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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Bullboard Posts
Post by ProspHectoron Jan 18, 2013 1:11pm
282 Views
Post# 20857535

Pit Outline

Pit Outline

The following link to EOM site shows an outline to the previously proposed pit project. https://eco-oro.com/Projects/Satellite-Projects/default.aspx It appears that this is the whole 15 million + ounces outlined. If you compare the above map with the recently released paramo map, only a small amount of the north west part of the pit laying north of the small creek has been removed by paramo outline. Does this mean that the 15 million ounces (about $25 billion today) is back on the books ?. if this is so, as stated in this blog, $250M for 1 million ounces would work out to 15 x 250 = $3,75B. With 92 million shares out, this would be about $40 dollars share value. Any thoughts ?

Bullboard Posts