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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 18, 2013 10:06pm
217 Views
Post# 21148251

RE: RE: RE: RE: RE: what could be more clear and b

RE: RE: RE: RE: RE: what could be more clear and b

 

"Batista sold part of the holding company EBX last year to Abu Dhabi’s Mubadala Development Co. and General Electric Co., slowing an expansion into mining and energy in Brazil, Colombia and Chile to focus on raising cash to boost output at existing projects.

Batista also aimed to sell all of his gold business, AUX, after disclosing plans last year to divest a 49 percent stake, two people familiar with the matter said last month. Vancouver- based Goldcorp Inc., the world’s second-biggest miner of the precious metal by market value, entered the talks for AUX after an agreement to negotiate exclusively with Qatar’s government expired in October, the people said. The pace of negotiations for AUX has slowed and a deal may not happen, one of the people said."

 

I guess this means the expanding by adding EOM to EBX and may be more like CBJ and GLW so he can sell to the Vancouver-based Gold Corp.

I remember now as I heard that Colombia does not want Qatar to be part of the deal, and looking for more to have Canadian/American company.

GLTA,

Dan

Bullboard Posts