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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
Comment by Dansulon Mar 14, 2013 5:03pm
303 Views
Post# 21131926

RE: RE: RE: what could be more clear and bullish?

RE: RE: RE: what could be more clear and bullish?

Socky, two points I like to mention as a discussion was just now with Tris123;

-The $5.13 it was mentioned by Tris123 so he is the one should get the credit for it as he corrected me just now, Yes, it was $5.13 and changes came after the issues with the park limitations and GWY (CALI) it would of been affected with it, that is why the reduction in the buying price and the delay of the transaction.

- the price for EOM, CBJ and GLW will be impacted with one major fact; which is the gold price and the its predictions.... There are 2 prediction one is for $2000 by end of 2013 and second $1600 if $1325 is touched. My understanding that the prices for the 3 if it is true that there is already a negociations are based on $1375.

According to the Wall Street Journal, Goldman Sachs (NYSE: GS) mentioned in a memo to investors last week that their forecast of the price of gold in 2013 would be slashed from $1810/oz to $1600/oz. This comes after the firm had already predicted a lower turn for gold in the second half of the year, although it was not expected that the shift would happen this early on in 2013.

https://www.wealthdaily.com/articles/goldman-sachs-slashes-2013-gold-price-forecast/4038

But the next 30 days will confirm which prediction is the right one. However in any case so far the prices are based on $1350 for the gold.

Please, do your own DD and don't take any, it could be rumor's talk.

GLTA,

Dan

 

Bullboard Posts