Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 riskmanageron Aug 04, 2016 12:27pm
185 Views
Post# 25110424

RE:Warrants

RE:WarrantsWhats your point here? Did your read the NR?

EGX won't exist in november anymore. You will receive share of ODN with a ratio around 0,88 per share. The Warrants and the debentures of EGX MUST be convert before the closing date which is october 2016.

The only thing you have to worry is ODIN share price. If the SP stay as high as right now, you are the big winner because the deal was done with an average price of 75 cents (ODN share). Why do you think haywood is buying every single of share of EGX this morning... Right now, based on ODN SP, EGX should be around 0,77 cents per share.

Waiting game here but like i said Ross will bring fiancing in to drills and advance Santa Barbara and probably upgrade the ressources so its huge for us and ODin shareholders.

GLTA
RM
<< Previous
Bullboard Posts
Next >>