RE:RE:Well Said Bounty Well organized & done Bounty, there are many correlations throughout your analysis that make perfect sense to me. One thing I know is that I was offered in on at least one PP if interested, but decllined with better oppurtunities for lower share price in open market buying smaller lots. Yet I have chosen to sit with the fair share of holdings here & now. I've averaged down in stark comparison to the averages the Majors are holding.
I was told quite some time ago (1 year+-) that Mubadala was entrenched with organizing ownership of their AUX holdings & firming up their repayment of the 2 Billion invested in EBX, thus this now has passed. I would say that they are getting solid advise as they solidify the final steps in ownership & a clear understanding (from local trusted employs) on a path to permitting, although there is some question as to the resources they actually have M/I, after Ike's trumped up numbers. I would suggest that drilling will prove all that out, and if left with a much a smaller M/I they indeed will have another incentive along with several other critical logistics enhancing the T/O prespects of Eco Oro, I have no doubt. The Arabs do not like egg on the face when it comes to their projections, already stated some months ago in Bogata.
The PDAC will hopefully at least usher in Agnico Eagle, as I heard they were DD on the Angostura. Maybe gold will continue it's trajectory as well with promise of a final capitulation & return to a Bull stance. Now, that along with falling production & "peak gold" may put Eco Oro in a prime position for a T/O bid. Remember the Chinese domestic gold production is down, they may have reached their peak & as you know they are major players on a Global scale.
Anyway not trying to muddy the waters with excessive info, just trying to address your well done post. Minesa now has their act together & have a real mining exec. in charge, this indeed could happen sooner then later, if not I know Eco will forge ahead to increase their furtherance with Pre-Feasibility & their time linepresented.
I was told Eco is prepared to go it alone with a down-sized mill based on 1,000 tons per day and this revised presentation strongly outlines that. Let's all cross our fingers for a much quicker resolution then 2 years out! Finally if you wanted in on the next PP a simple call to Mark would (I guess) surfice, I would suppose the last PP had excess shares left hanging due to other precertified buyers not following through???, yet that would be a guess on my part.
IMHO & GLTA