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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Bullboard Posts
Comment by wiseyoungmanon Mar 11, 2016 6:43pm
143 Views
Post# 24650396

RE:Remember our Change of Auditor????

RE:Remember our Change of Auditor????Shiff, You are dead wrong. I am a former audit partner and let me make you aware of a few things:

1. There is nothing unusual in this tough audit market about audit firm changes. It is happening for many reasons including level of fees charged and related service.
2. The preferred auditor of a buyer would not be Davidson & co. All mid tier and large mining companies using international accounting firms to audit their books. Davidson is a regional audit firm. Any buyer would use an international firm [the BIG 4] or Grant Thornton or BDO. So changing from Grant Thornton to Davidson is 100% dead wrong for the reasons you are stating.
3. Auditing the books of EOM is straightforward. I know that since I was a partner on dozens of non producing junior miners. The going concern paragraph in the audit report is the biggest issue along with potential impairment under IFRS of the mining titles due to the Paramo issue. You do not need Davidson & company to understand this.
4. There is nothing unusual about the company filing its audited statements in early March. It means the audit went well and there is no last minute rush. Goldcorp files its audited statements in February which is over a month before the deadline. It means nothing.

You are rambling about something you know little about. Again trying to pump up the stock noting it has moved up a few pennies the last few days. I really hope those are this board pay attention to what I wrote. Shiff knows no more than anyone but is always quick to come up with yet another wild story. GLTA 
Bullboard Posts