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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 fleamarketon Nov 22, 2014 1:54am
211 Views
Post# 23154574

RE:RE:RE:nor by chance

RE:RE:RE:nor by chance
gold market is at 1200$ now and is a great time to release the PEA if not gold "could" drop to a 1000$ or less but could go up. 1250$ gold use for a PEA is very very reasonable. Even if gold went to 1350 in 3 months a 1250 gold model would likely be used as it is basically a benchmark until gold can stay above that average for a quarter or more. So if there is another delay... Bad news for us shareholders... Maybe they are buttering us up to take 5¢ shares so when they do delay we are not so beaten up. Aura was buying at 21¢ at one point. I believe they deserve to have their hand in the cookie jar at this point and time as a thank you for basically making this company what it is. But if you do not agree with me I also believe we should be at 40-60¢ already as well of not more. My opinion. The gold in ground speaks for its self. +1.1 billion pounds copper + 28 million oz silver. PEA was due last January... So it has almost been a year. How many more till we get results? Glenn and management have been stand up except for delays. If they do delay I want better answers then metallurgy... And in the mean time SP should rise. Government is not an excuse to release PEA as it is in the works and realized when they confirm their policies. For now give is the mine plan. Open pit? More then likely!!! GBM is reputable so I value their economics.
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