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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 09, 2014 11:44pm
223 Views
Post# 23112346

RE:RE:RE:RE:RE:Let's find middle ground- name the negatives of this project

RE:RE:RE:RE:RE:Let's find middle ground- name the negatives of this project
Forgot to mention Low grade. Mining now is highly composed of low grade resources. Nevada for example is almost all low grade gold deposits but they are still highly profitable. You said that fuel was cheap. Cheap fuel helps with the cost/oz. If they can get the gold out of the ground cheap, they will make big $$.

10,000,000 Oz at 85% recover is worth about 9.5 billion dollars. Then we have silver and copper.

   I would rant more but my finacee has threatened me to shut down my computer, Night!!
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