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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 grape562000on Jul 29, 2020 2:30pm
224 Views
Post# 31338796

Belo Sun vs. Euro Sun

Belo Sun vs. Euro SunF&M twin sons...

Anyway, I was on the Belo Sun bullboard where I found people speculating when Belo Sun would get final approval for their 3.8M oz mine in the Amazon rainforest.

I happen to live in Romania and despite my frustrations with lack of response from ESM to messages and phone calls, I have no no doubt final approvals will be in hand by beginning of 2021 at which point the project will likely be sold.

Long story short, Belo Sun has a market cap 5x ESM and share price 2x of ESM's.

So...if people believe getting mining permits in the Amazon is less likely than in Romania, perhaps all of those frustrated shareholders would sell Belo Sun shares and buy twice as much ESM for the same money.

I wonder what that might do for ESM's share price...
Bullboard Posts