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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 Nov 13, 2018 2:05pm
136 Views
Post# 28966757

Head scratching volume

Head scratching volumeOnly 140k traded so far today. I'm not even sure what to think but this scenario is not at all what I expected. We have orion, lundin, and other previous big investors, on top of F&M, already invested in this, plus I'm sure many prospective investors who have been eyeing this project for a while.

Is this all just because it's not yet in the gazette? I'm not sure, but this volume is awfully low. I'd have expected many, many millions shared to be traded just within the first day of the announcement.

I guess I'm just a bit baffled.
Bullboard Posts