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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 peter234on May 27, 2014 4:07pm
280 Views
Post# 22602841

RE:RE:RE:I can't believe I forgot to mention this

RE:RE:RE:I can't believe I forgot to mention thisThanks Shipitindustries. GLTA. I think this should be good considering they have 10 million oz of gold. using industry average of $800per oz extraction costs and also a startup mining cost of $1 billion, this should be worth around $2.5-4 billion. And not counting the copper and silver in it. I don't know what a good buyout price will be? anyone?
Or is my valuation incorrect?
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