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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 Jan 21, 2015 2:01pm
135 Views
Post# 23344812

RE:RE:RE:RE:Between 8-10 cents before the PEA

RE:RE:RE:RE:Between 8-10 cents before the PEA@ Jamal, yes it is still due out now.

Solid,
    Glenn has already gotten offers on EGX. The PEA has nothing to do with a buyout. He could sell this thing right now if he wanted to, pending Aura's approval as well. All the PEA is going to do is show what a realistic value of EGX is and now he can go back to these interested parites with the "PEA in hand", as he put it, and say... here is what we have and how profitable it is. He was in China last May when he got the offers. I suspect he is going to have the PEA very soon and, as IR said, will begin "shopping" it around. 

As for a year from now....   what would you guess that they would do in the next year? There is no real profitable reason to wait while Gold is @$1300.00 and chance gold lowing. We have drilled all the gold sites that they would be drilling.... what would be the point in waiting another year? 
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