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...