Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by ThunderStockon Dec 19, 2013 10:14pm
251 Views
Post# 22025175

EGX actualy is like that:

EGX actualy is like that:
Shareholders have held the fort well today despite the sharp drop in gold prices . No selling , not many transactions , buyers approached and few sellers have dropped on the BID side , everybody expected that buyers ahead of the position of sellers. Super!
 
I think shareholders are currently in the process of creating rarety of EGX titles . We had a support at $ 0.07 to .075 and we rised it to $ 0.11 to 0.115 by creating rarety. Without news we could climb to $ 0.15 quite easily if we continues like this . This is a beautiful dynamic of shareholders who jealously guard their shares , so this titles is safer than other pennies title .
 
And if people want to keep their shares during a news that will cause a Run, you will see the price skyrocket . Do you remember EKO last June ? He made 400% if I remember correctly . If shareholders have the same behavior if the shares still remain rare , it has such an effect we could do this quite easily 400%. That would bring the title to approximately $ 0.50 on the next news . Imagine a Q1 2014 News of a future TO by Chinese. Where do you go with that title as a shareholder behavior ? $ 1.30 to 1.50 on the peak. It is very inspiring title like that .
 
This is the effect I see with this kind of behavior that we have now.
<< Previous
Bullboard Posts
Next >>