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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

Post by McCallan25on Mar 09, 2021 9:37am
296 Views
Post# 32751310

Hello

HelloHello, new here!
Having a low share price does pressure ESM to sell. Institutional holders won’t be diluted past a certain point. I do see management taking bonuses but I don’t see management taking 20M out of the pot again with a .30cSP. It’s a hard narritave when a DFS comes out and the share price actually goes down and then spout shareholder value...One positive, is that there are no pumping schemes, like continual halts for valueless news (ESM usually having no news lol) However, maybe that’s an ace up the sleeve to raise some quick cash. Just speculation.
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