RE:EGX.V has more copper than MIN.V and on the top some gold.I made some calculation with MIN faisability study. They have 1.24 billions of dollars in Copper at $2.75 per pound. The SP started at $0.12 and close at $0.55.
EGX, in COPPER ONLY:
Santa Barbara : 520 millions pounds of copper X $2.75= $1,430,000,000
El Hito : 1,1 billiards of pounds X $2.75= $3.025 billiards
Condor: 1,1 billiards of pounds X $2.75= $3.025 billiards (same value of El Hito)
Total: $7.480 billiards.
It's a huge fortune in their hands.
Only the copper will pay the mine construction and all the exploitation fees during all the mine life. The gold will be the greavy.
My money invested in EGX will be productive very soon.
Can you imagine now the SP when we receive the faisability study in feb?