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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
Post by FacBineon May 07, 2020 10:25am
224 Views
Post# 30997464

Value The Markets - ESM

Value The Markets - ESM
However, with Euro Suns (TSX:ESM, OTCQB:CPNFF) market-cap sitting at just $36.9 million, Rovina Valleys gold is currently valued at only $2-3 an ounce (/oz). Historically, you would expect to see a project of this quality, and at this late stage of development, valued closer to $20/oz valuation. But with the gold price rocketing, something has surely got to give. After all, Rovina Valley is drill-ready with a vast gold resource and is located in one of the worlds safest jurisdictions. In short, this project ticks all the boxes for a significant acquisition. How much longer can Euro Sun (TSX:ESM, OTCQB:CPNFF) trade at such a discount? With increasingly cashed-up gold miners now on the hunt to boost their reserves, the answer is almost certainly not long. Read more at:... https://www.valuethemarkets.com/2020/05/06/euro-sun-minings-rovina-valley-project-an-ideal-takeout-target-in-a-gold-rush-tsxesm-otcqbcpnff/
Bullboard Posts