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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 stockprospon Mar 08, 2014 10:33am
148 Views
Post# 22298037

new egx'r

new egx'rhey guys- got in with fairly large postion in past few weeks. a few questions if anyone can help. 1. aura has a 51% stake in egx. are they able to trade these shares freely on market. just wondering if they are holding price down. 2. although substantial reserve and near ground, au deposit is lower grade. does this affect the purity potential of the gold (ie. 24k) or just make the refining process longer/more difficult price is right on this one...as far as i'm concerned the only risk is aura buys the other 49% at less than .20c before it has a chance to really take off. a good risk to take in my opinion! glta and thanks!
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