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 jesse18on Nov 12, 2018 10:48am

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Post# 28959608

RE:RE:RE:RE:RE:RE:Euro Sun Announces Mining License

Not crazy about the trading either however, ESM is being valued at $60 million Canadian dollars. They own 100% of a 10 million ounce deposit and the market is only giving them $6 an ounce in the ground. Gold is trading at $1588 an ounce Canadian.

This math doesn't work even with the country risk factored in.

It is by far the lowested valued lic. deposit anywhere on the planet.

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