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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 Solidsnake10on Mar 12, 2015 10:24am
123 Views
Post# 23513263

RE:RE:RE:that's real facts

RE:RE:RE:that's real facts

And what if... the only offer on the table right now is 100M. Thats 100M/300M shares = $0.33 a share.

But in 6 months from now (after gettting more funding) they get an offer for 400M... but now they have 400M shares from the funding.

well 400M/400M = $1 a share.

Faster isn't better if the current offer is terrible. If a future offer is better it could offset the increase in shares. I think its simple to understand.

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