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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 coincollectoron Feb 21, 2019 10:37am
54 Views
Post# 29393684

RE:RE:Thinking of getting back in

RE:RE:Thinking of getting back inThanks Goldro, appreciate the input. Isn't it the start up mining costs that are the problem? I thought the land was owned and they are holding onto it as long as possible and forcing someone to buy them out / merge rather than going to bankruptcy and offering this resource to the vultures as a cheap foreclosure. Barrick gold put up $10 million because they believed in the story but maybe the political resistance has affected their optimism on the project. It is rare that a large project like this doesn't go through, I think ESM is looking to get bought out, hopefully i'm back in before it happens.
Bullboard Posts