RE:MINESA IS RUNNING THE SHOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!We cannot lose track of what EOM has here. Forget the limitations the government put on us with the Paramo ruling. EOM has extensive property and the satellite properties have shown considerable potential. They have considerable value to Minesa and they are not in Paramo. The outlawed claims in the so called Paramo are suitable for plant, equipment and the like and there is no doubt Minesa would eventually get access to at least the 3.4 million ounces.
This all has considerable value as it stands but examine the economics. If you are Minesa, would you offer say, $2 a share for less than 100 million EOM now, or offer $2 a share for 200 million once arbitration starts? We are in the end game, but this is only my common sense opinion. Common sense in Colombia is in short supply it appears.