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 jesse18on Aug 06, 2020 2:48pm

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Post# 31374680

RE:RE:RE:A second look at PEA numbers !! Feedback welcomed !

The thing with this project is that the capex is going to be high even if they scale the mine size up over the mines's life. So if some one pays $3 a share which is $500mil, they would still require another $400 million even before they start mining. It is a big boy project.

I think anything between $2 and $3 would be taken seriously.

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