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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

Post by duediligencedoneon Feb 18, 2014 3:15pm
73 Views
Post# 22221447

A chart so bad it looks good :) The .05 asks are a bargain !

A chart so bad it looks good :) The .05 asks are a bargain !
Have a look at the chart of v.DAR (Darwin Resources.) Way, way, way too oversold now ! Currently at 5 cents, just half a penny off its 52 week and all-time low. The asks at 5 cents are a bargain (the stock opened strong today at 5.5 cents.) The buyers at .05 will soon be up on their purchases.

Darwin Resources has a proven management team that has an excellent track record and fantastic gold/copper projects in Peru. Here's a link to their website: https://www.darwinresources.com/s/Home.asp

Darwin Resources has $ 1.1 million in cash in their treasury. They recently raised just over $ 600,000 at 8 cents per share of which insiders participated in. Watch for a nice quick move up in v.DAR from current levels as it has a very small float (less than 34 million shares outstanding !)
The reason the share price is so oversold right now is that Pinetree Capital sold v.DAR hard last week. Bullish for v.DAR is that Pinetree is now out of v.DAR shares.
The chart for v.DAR is so bad it looks good !!! An opportunity to get in at the bottom, imho.
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