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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 RayTeeon Jan 16, 2017 5:25pm
140 Views
Post# 25714773

RE:RE:RE:RE:Stanija

RE:RE:RE:RE:Stanija
kynarr wrote: This is a new property, just 2 miles from the property we already own, that was granted to us pending ratification of the license for the pre-existing property. So yes, it's ours :)

That's kind of what I thought.

it's funny, at the time the news was initially released, the market didnt react to it at all.

Not one little bit.

and I felt the share price should have gone up at least a little.

if this is now the cause of the rally, I find this to be a very interesting (and kinda funny) development.

The reality is due to the proximity to the Rovina mine, this should add significant value and may, in fact, warrant building a larger plant.   Whether that comes into play or not remains to be seen, but I think it's a nice development.
Bullboard Posts