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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by refresh19on Dec 02, 2013 8:44am
75 Views
Post# 21958846

RE:RE:RE:Prepare yourself for the EGX Monday RUN

RE:RE:RE:Prepare yourself for the EGX Monday RUNActually Aura holds about 60%, but there was an early pp to a canadian investor for another 20%, and management also has holders.  Only 15% of the float is in the open market, hence the fluctuation.  The reason that it hasn't shown EGX's true value is because there is only a few million (3 at todays market cap) of floating stock, and there are a lot of investors who are holding and not selling.  The price has really been set by those who have sold prematurely.  And us penny flippers who have done pretty well.
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