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.

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Euro Sun Mining Inc

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Comment by FacBineon May 20, 2020 11:15pm

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Post# 31054552

RE:Buyout Price of $5-$10 Why it is reasonable

SirSquibbels wrote: .

That being said the reason that I say $5 to $10 is reasonable is it takes ample being bent over into account. I figure by the time the buy out happens we will have issued about 100,000,000 shares combine this with a valuation of $1,000,000,000 (the mine is expected to produce about 3.7 billion) so lets cut the buy out valuation to about a quarter or an eighth to keep it in line of getting bent over CPN/ESM stock market style so.

Buy out with 100,000,000 million shares out
Company/assets valued at $500,000,000 to $1,000,000,000

and you get a fair bonning of $5 to $10 per share. Now with the Gold price, the Buy Out would easily be between $60 to $150