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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 GoldenOrbon Dec 01, 2016 10:17am
142 Views
Post# 25539701

RE:Miracles?

RE:Miracles?Oldtimer, I for one couldn't agree with your diagnosis more.  Our only chance at this point is with the "Concerned Shareholders".   In a way one could suppose that losing the IFC (as a nonparticipating by-stander) is positive, having the millions of shares more securely in the hands of several investors on our side.  All the mis-cues are water over the dam at this point,  Our focus as so-called "Disinterested Shareholders" is really a misnomer, we disinterested shareholders have everything  as "Interested shareholders" to lose.  I hope that control of Eco Oro is voted out of the clutches of Anna,Tenor and the Board of Directors.   With the IFC gone & a possible injunction stopping the CVR, we stand a real chance.  If so the Majors (at this point & not including Management shares) hold only 38% +- as noted below based on the Eco Oro presentation of Feb. 2016.
Fully diluted shares of:   102,453,212:

Amber Capital - 25%
Paulson - 13%
IFC - 10%
Under certain senarios the Majors may rather swim with the current then against
it, cutting a deal with the controling shareholder block, business is business.


Bullboard Posts