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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 Nov 08, 2014 2:44pm
238 Views
Post# 23110171

RE:RE:RE:PEA

RE:RE:RE:PEA
nightcrawler000 wrote: Is the end of 2014 really considered postponed? It's not fall off what they said in May (4-6 months) which would mean we are waiting one extra month.

I still have a feeling it will be pushed back in to 2015. However, if the price of gold rises near the Swiss vote that could be a good time to release the PEA.

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They never said the PEA release would be 4-6 moths. They said the MET test and results would be 4-6 months. They said PEA would be by year end. IR told me that Glenn figured Mid-November for realease. No one said it was due (in wirtting) mid November. I posted it as it was relayed to me that was the estimated timeline. The PEA can be released anytime between now and year end.
     As for the possibility of a delay, it is always possible. I was told by IR that the MET test was concluded and results would be included in the PEA. So, if they planned to delay, why not just release the MET results to us then delay due to some unforseen circumstance?I.E drilling the double strike length.    I suspect there will not be a delay because they did state that MET results were included in the PEA. EGX has has delayed info in the past, I have been involved in 2 such events but they were both favourable and only improved our resource and profitabilty, which im always for!!!  Good luck all. Hope we all make a little $$. Cheers!

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