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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company focused on exploration of gold and copper. The Company is focused primarily on its 100% owned Rovina Valley Project (RVP) located in west-central Romania. The Company operates through the development of its Romanian mining permit segment. The Rovina Valley Project consists of three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Company’s wholly owned subsidiaries include SAMAX Romania Limited and SAMAX Romania S.R.L.


TSX:ESM - Post by User

Bullboard Posts
Post by lckea53on Jun 12, 2020 11:15am
165 Views
Post# 31143381

Blatant

BlatantSure wish I knew the answer to your questions StockDoc60. I don't believe the sell/buy is being done to make money, I think it is done to hold the stock price down. It doesn't make any sense that a company would let money fly out the window by not excercising warrants and letting them expire, it doesn't make sense that a company would suppress the share price as I believe is being done. The end game I do believe is to sell it off and I think this is just how these guys do business, they buy up companies in trouble, manage them while collecting hefty management fees and then having their clause in there to make millions by selling them off no matter what the sell price is. They could make more by doing it the right way but then they are open to all the risks along the way so this way they have it in the bag right from the beginning. I also think there is so much corruption that it is easy for them to get away with it and they only crawl in to bed with like minded groups. Meanwhile as it seems is the norm, the little guy gets shafted! For me it will be a dream to see $2 and a bit for this but that is likely being over zealous, it could be more like $1 and a bit but I do think it will be sold.
Bullboard Posts