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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
Post by kynarron Sep 20, 2017 10:53am
181 Views
Post# 26719304

Don't over think this.

Don't over think this.They needed money. They had options in place to inject money by themselves should the SP go up high enough. The SP has never reached that level, in spite of many subsequent positive news. Scott Moore indirectly expressed his disappointment to that effect earlier this week.

This investment today is a shame, as it is more dilution than anyone here expected, but it is needed as the market remains unreactive to this amazing opportunity. That an investment comes through can mean only one thing; this project is moving forward. There's nothing to be done about it. If you believe in the project, then this shouldn't change a thing.
Bullboard Posts