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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.


TSX:ESM - Post by User

Euro Sun Mining Inc
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Comment by grape562000on Feb 04, 2019 10:11am
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Post# 29314185

RE:RE:RE:Transatlantic investor group counter

RE:RE:RE:Transatlantic investor group counterPeter, 
Please also keep in mind the 'milestone' payments that ESM management will receive upon completion of the PEA and EIA. As these are millions of dollars, it seems likely that soon after, another equity raise will follow. If all of this was for the purpose of 'derisking' the project for a potential sale, I am sure no one would object. But it would be nice to ESM explain their plan for increasing the project value and shareholder equity/stock price.
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