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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 BrendanCon Aug 21, 2014 10:32am
274 Views
Post# 22864527

RE:To mine or not to mine, that is the question... literally!

RE:To mine or not to mine, that is the question... literally!
BrendanC wrote: Glen made comments as to imply that they were looking at a joint venture as well as a few comments that implied outside interest....   Anyone have an idea of time frame or Share Price targets if we go into mining? I was honestly just looking towards a sale and moving on but I am curious what the gameplan is. If we did see a shareprice comparable to the sale ($1-$2 range), how long till we would see this mining? If they start mining Q2, 2015 as Lainge stated, would be end of next summer before we would see any cash coming in to substantially increase the SP to higher levels? If they beggin mining, they would likely have to issue a lot more shares to get up and running as well..... Whats everyones thoughts here?

p.s. I plan to talk to IR tomorrow to see what the official plan is. Also, what say Lainge has over Aura.  



I have emailed IR with the questions I have posted above. well...  for the most part. Will advise all when I get answers. Looks like a good day ahead. Best of luck to all!! Cheers
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