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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 StockDoc60on May 05, 2020 8:18am
130 Views
Post# 30986771

RE:Is a revaluation approaching ?

RE:Is a revaluation approaching ?

At the end of 2018, Euro Sun had received the mining license for Rovina Valley, which, the company emphasizes, was approved by six ministers and the Prime Minister of Romania. This means that one of the biggest hurdles on the way to production - apart from financing - has been cleared and the path to monetizing the large deposits has become significantly shorter.

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Article highlights many of the merits of ESM for sure . The financing issue ,however , might be the stumbling block in this current economic environment .

Thoughts ????
 

Bullboard Posts