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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 Goldenruleson Jun 06, 2014 9:51am
375 Views
Post# 22636792

RE:RE:RE:News from ecuador

RE:RE:RE:News from ecuadorWhen I got involved with Corriente, it was trading at $.50 a share. It began rising when copper started rising.It was mainly a copper porphyry deposit. It traded in the $3. range for years then it accelerated at the time of the buyout. Ecuador was a hard sell, but it didn't have the stigma it had after the default and the Kinross fiasco. Aurelian was trading for somewhere around $.20 when I first started watching it. I believe it rose much higher than the buyout price, but corrected. That this third major deposit is trading at this level (with approximately the same number of shares Corriente had outstanding) still blows me away, but having followed the Ecuador mining industry since 1999, I'm not surprised.
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