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 > Updated Sprott Reseach Paper

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Comment by Lafajeton Mar 03, 2021 11:50am

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Post# 32705154

RE:Updated Sprott Reseach Paper

An earlier study i have seen, gave this project a value of approx 200M Mcap. This was based on similar companies in the same stage and estimates. Now the resource estimatet looks more positive and should be cranked up. Anyway, if we stick to the 200M mcap, that would be 3.5 times our mcap today that will give an share price of 1.2$ cad. Add a premium, possible more than one bidder, and we should be well rewarded at the end.

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