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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 Mar 31, 2015 1:28pm
145 Views
Post# 23582313

RE:RE:RE:RE:RE:RE:RE:RE:RE:could

RE:RE:RE:RE:RE:RE:RE:RE:RE:could
BrendanC wrote: Tax laws is about 90% relevant to anything else the company could produce right now. EGX just went from costing them about 25-30% of $15,000,000,000 which is $3.75 billion dollars. Now we only take 5% (plus yearly fees) of $750,000,000.  I am no genius by any means, but I do consider myself knowledgable and very good at wrapping my head around the workings of a companies shareprice and I can not for the life of me figure out how in the world this has not taken off to .06 based on showing a savings of $3 billion dollars intaxes.  The PEA is based on all resources both inferred and indicated. They plan to make the PEA close as possible to a PFS but the tax law 5% is what really should have taken this company through.

I have to sit back and wonder if it is Glenn's Fault or the 3,000,000,000++ shares in the bid and the roughly 1,000,000 to the ask's fault. If the bidders wanted to draw up interest, besides a PEA or Glenn's NR (which we should see soon), they alone could drive this up and gather interest.

I give up!! lol Not really...  


3,000,000 bid (Correction)


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