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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 Bountyhunter11on Sep 25, 2013 5:32pm
293 Views
Post# 21767762

Confidence...

Confidence...One final comment from me as well until there is something worth while to discuss...in terms of confidence, and yes I may be reading into this too much, but the most recent comments out of EOM is that they are eying assets both in Colombia and elsewhere. If they are in negotiations then chances are they cannot speak to anything but considerations beyond this project as the project itself would be taboo in the public setting. I happen to reside in the camp that believes that this is a telegraph that EOM will survive at takeout here via spinoff similar to GWY. Some might comment that they are simply moving on or looking beyond a dead asset. However if that were the case and you felt that the Colombian Govt was about to stick South America's biggest steel toe boot up your rear sideways, after years of investing in excess of $200 mill, would you be looking for more assets in Colombia and better yet, be willing to go public in saying so?? I'm guessing not very likely!! This project is moving forward...negotiations are nearing completion or may already be complete pending the official ruling....the locals will be back to work in time for Christmas and EOM will continue investing in Colombia for years to come... BH
Bullboard Posts