Euro Sun Mining Inc T.ESM

Alternate Symbol(s): CPNFF

Metals & Mining Industrial Metals & Minerals

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.

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Euro Sun Mining Inc

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Comment by grape562000on Nov 12, 2018 10:03am

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Post# 28959189

RE:RE:RE:RE:T:ESM Depth by Price @08:45:35

There are only a few options. The share price is not high enough for an equity offering (or there was one, it would be highly dillutive bad for us and only good for the party getting the private placement). A stream on gold or copper or both to get money in hand to begin construction seems more likely to me. And then closer to production, a mine finance loan.

The company has simply said 'we have many options and do not need a JV partner' (back in the Lisa Doddridge days).

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