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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

Bullboard Posts
Comment by kynarron Nov 26, 2016 5:21pm
239 Views
Post# 25517519

RE:RE:RE:mooseslayer

RE:RE:RE:mooseslayerI believe none of this *impossible to be profitable sub 1300*. I don't recall the numbers, but especially with the most recent optimisations they want to make, with a lower cap cost, it will be profitable no matter if the gold price remains at ~1200.

But does this really matter? Gold was expected to raise on uncertainty following a Trump win. It should also raise since that day as India began to create further uncertainty through banning money bills. Gold is clearly being manipulated down and bound to shoot up before long.

In the mean time, we're only a couple days from Romanian elections. We should soon see an updated PEA, and updates on exploration concerning the new prospective license we were JUST granted by the government of Romania.

This current SP totally sucks, but is a great opportunity for new, existing and skeptic investors to jump aboard and profit immensely soon enough.
Bullboard Posts