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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 urai58on Feb 16, 2019 11:00pm
71 Views
Post# 29376350

RE:RE: Institutional investors raising interest

RE:RE: Institutional investors raising interest
Curvature wrote: I have been unable to find any information to support the 44% number in their presentation. ... I am pretty sure that number is low given the Orion financing would be that! ... You need to get away from your pumping mentality!


First of all, the facts are decisive. Based on the facts conclusions can be derived. The reasons for this are then based on circumstantial evidence and possibly speculation. 1. Facts: 1.1 The ppt presentation on November 13, 2018 shows that the proportion of institutional and strategic investors is 34 percent for 61,908,794 shares. Link for Download: https://www.google.ch/url?sa=t&source=web&rct=j&url=https://eurosunmining.com/_resources/181113_ESM%2520Corporate%2520Presentation.pdf&ved=2ahUKEwi0j6n768HgAhXFUrwKHTcECj8QFjAEegQIAxAB&usg=AOvVaw1R2jm4WDJbQ0ZoO8hDiBYe 1.2 In the current ppt presentation, the proportion of institutional and strategic investors is 44 percent for 61,908,794 shares. Link: https://eurosunmining.com/investors/presentation/ 1.3 The capital increase by Orion Finance is already included in the figures of November 13, 2018 - certainly with regard to the number of shares. 1.4 According to SEDAR, we know that BKI has successively reduced its share. The sales were made through the market and not through deals between institutional / strategic investors. 2. Conclusions 2.1 Orion Finance has no influence on the 10 percentage points. 2.2 When institutional and strategic investors have 10 percentage points more; is at the expense of retail investors, who have 10 percentage points less. 2.3 The reduction of the involvement of a strategic investor, e.g. BKI or Sulliden on the market inevitably puts pressure on the stock price. 3. Possible reasons There is currently no evidence. But if the price is cut in half, it can not be ruled out that the pressure on the share price was targeted, so that institutional / strategic investors could increase their share at low prices to the detriment of retail investors. Exactly this fact, this conclusion and possible reasons peterhuber91 has stated in his contribution. I can not find any approach to pumping. urai58
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