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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 mooseslayeron Nov 23, 2018 9:01am
82 Views
Post# 29013102

RE:Anonymous Seller?

RE:Anonymous Seller?I don't mind reasonable discussion. I don't understand why you would think the seller is an insider. 35% insiders means 65% are not... so logically the odds are it is not an insider. I would be shocked if F&M people with a $1.27 purchase price or the 5 funds that got in at $1.40 would be selling now...it doesn't make sense unless it was for personal reasons.The most likely reason in my opinion is tax loss selling but anything is pure speculation.I have talked to IR on companies when there was a big seller and they found big shareholder going through a divorce, or his company failing and selling has nothing to do with the company. Often they will find a buyer and try to cross his shares out so there is not the constant downward pressure. Trying to speculate on this seller is just a guessing game. Hopefully he runs out of shares and it is a moot point.
Bullboard Posts